Thai Collective Action Against Corruption (Thai CAC)

This project was established with the aim of creating awareness in the private sector in Thailand of the risks of corruption and to reduce the likelihood of companies engaging in corruption. It stresses the need to implement policies and effective mechanisms to prevent corruption at firm and industry levels.

Companies participating in this initiative pledge to disclose and share their internal policies and experiences to help disseminate and promote best practices.

Read more about Thai Collective Action Against Corruption (Thai CAC)

Last updated: 17.05.2022

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us at the contact details on the main database page.

Custom Brokers Professional Ethics Standards

This Sectoral Collective Action on Customs Brokers has become part of the UN Global Compact Guide on Collective Actions as a best practice which also signifies success of the initial B20 2015 international efforts have been the pioneer of the “Effective Trade Fair Competition” Collective Action protocol established between the Istanbul Customs Brokers Association(IGMD) and TEID.

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Last updated: 21.10.2020

Principle-Based Initiative Agreement in the Orthopaedic Medicine Industry

The initiative addresses compliance with integrity standards in the following issues:

Read more about Principle-Based Initiative Agreement in the Orthopaedic Medicine Industry

Last updated: 13.05.2020

The Wolfsberg Group

The Wolfsberg Group is comprised of 13 global banks that develop financial services industry standards and related products. Originally established to address money laundering risks in private banking, the Group has expanded its scope to include additional financial crime risks within the financial services industry, such as corruption, terrorist financing and sanctions.

Main activities include:

Read more about The Wolfsberg Group

Last updated: 24.02.2022

Russia’s money laundering risks – what does the latest FATF report mean in practice?

Read more about Russia’s money laundering risks – what does the latest FATF report mean in practice?

Russia’s risk level in the Basel AML Index has hit a record low following a December 2019 Financial Action Task Force (FATF) assessment that rated the country’s anti-money laundering and counter terrorist financing (AML/CFT) systems as reasonably effective.

Customs administrations: controls, collaboration and Collective Action

Read more about Customs administrations: controls, collaboration and Collective Action

In March 2017, the World Customs Organization (WCO) formally adopted Collective Action as an innovative approach to enhance integrity and combat corruption in Customs administrations – a development that we welcomed and supported.

Compliance without Borders – a new way to build anti-corruption capacity in SOEs

Read more about Compliance without Borders – a new way to build anti-corruption capacity in SOEs

The Basel Institute has been collaborating with the OECD’s Trust in Business Initiative on an innovative project to build anti-corruption capacity in state-owned enterprises (SOEs).

Compliance without Borders is a project co-developed with industry leaders under the B20 Argentina presidency. It brings together experienced compliance experts via short-term secondments to SOEs to help them build their compliance capacity and address corruption-related risks.

Quick Guide 20: Financial investigations and asset recovery

Read more about Quick Guide 20: Financial investigations and asset recovery

Financial investigations are critical to proving crimes such as corruption, fraud and trafficking in humans or illicit goods. They are also central to confiscating illegally obtained assets from criminals – so that crime doesn’t pay.

Yet there is often confusion about who performs financial investigations, how, when and why, as well as their relationship to criminal investigations. All of these questions are further complicated by the fact that different countries have different legal systems, different laws and different terminology.

Quick Guide 19: Offshore structures and beneficial ownership

Read more about Quick Guide 19: Offshore structures and beneficial ownership

This quick guide by Phyllis Atkinson looks at how criminals manipulate and misuse corporate vehicles in offshore jurisdictions to launder money. It focuses on the meaning of "corporate vehicle" and "offshore" and other related concepts such as beneficial ownership. It also gives an example of how a trust, which is one common type of corporate vehicle in the vast "offshore ecosystem", can be used for illicit purposes.

Quick Guide 15: Following the money

Read more about Quick Guide 15: Following the money

“Follow the money!” Everyone’s talking about it, especially in relation to corruption, fraud and organised crime.

What does “following money” actually mean in this context? How do we do it in practice? And what are some of the wider possibilities?

Read this quick guide by Stephen Ratcliffe, Senior Investigation Specialist, to find out.

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