Since the start of the pandemic, billions of dollars have been sent to developing countries by multilateral development banks (MDBs) and financial institutions to provide the resources necessary to manage immediate health needs, but also to address the longer term economic and social impacts of the pandemic. The World Bank Group has pledged $160 million…
Tag Archives: anti-corruption
GoodCorporation’s first debate of 2020, introduced by Ed Wheatley, Legal Director ABC Compliance, TechnipFMC, explores the changing corruption landscape. The subject was introduced by highlighting some of the key facts of the recent Airbus prosecution. Ed summarised the familiar aspects of the prosecution and highlighted where the landscape is changing. The familiar: The new landscape:…
Writing on the Ethical Corporation website, Gareth Thomas looks at the findings from GoodCorporation’s paper on the effectiveness of anti-bribery programmes in combating corruption. According to the paper, the risk of bribery is highest among third parties and intermediaries, yet due diligence in this area is worryingly low. Across the globe, governments and regulators are…
Reviewing a law to make sure it is fit for purpose is clearly wise. Legislation can have unintended consequences, so checking that this is not the case makes perfect sense. However, the recent decision to review the Bribery Act seems likely to create confusion and uncertainty, just when clarity and confirmation are needed. Impacts and…
Leo Martin of GoodCorporation said: “Britain will remain a soft touch for corporate corruption if the Serious Fraud Office (SFO) fails to demonstrate that it has an effective system in place for investigating those suspected of malpractice. Â The passing of the Bribery Act last year should have made it easier for prosecutors to catch…
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