B20 China (2016)

There was no B20 Anti-Corruption Taskforce during the Chinese Presidency in 2016. Instead, a B20 Anti-Corruption Forum was held, which resulted in an Anti-Corruption Policy Paper. 

The taskforces in 2016 were: Trade and Investment; Infrastructure; Employment; Financing Growth; SME Development.

The G20 Anti-Corruption Working Group also published a new Action Plan for 2017–2018.

B20 2016 Anti-Corruption Policy Paper

Excerpts:

Strengthening intergovernmental cooperation against corruption, and supporting the building of capacity for stronger anti-corruption compliance.

Recommendation 1: Encourage stronger international anti-corruption cooperation to foster sustainable growth.

  • Encourage stronger international cooperation in the enforcement of anti-corruption laws, including those that have been adopted in accordance with international conventions and related G20 High-Level Principles.
  • Continue to encourage more dialogue between government and business in an effort to promote better understanding of best practice in anti-corruption – both in the public and private sectors.

Recommendation 2: Promote a more transparent environment for business in an effort to bolster competition.

  • Work together with business to promote beneficial ownership transparency and ensure better adherence among the private sector to the new policies and regulations.
  • Promote integrity in public procurement by adopting transparent e-procurement systems and encouraging best practice in effective corporate compliance programs.
  • Support transparent electronic customs clearance pilot programs to reduce the risk of corruption and promote trade.
  • Ensure that Whistleblower protection laws are in place and effective, and consider introducing provisions to reward Whistleblowers for reporting corruption and other wrongdoing.

Recommendation 3: Support capacity-building to enable stronger anti-corruption compliance efforts. In summary, both businesses and governments need to implement training and compliance programs that build capacity and recognize ethical behaviour within their work force. Responsible employers are already doing this, but inconsistent regulation among G20 countries complicates the compliance process and leads to higher costs. 

  • Bolster incentives for companies to both build best-practice compliance programs and self-report compliance breaches.
  • Provide companies, SMEs in particular, with training programs and toolkits to identify and address third-party risk management and compliance.