We are delighted that a tailored High Level Reporting Mechanism will be established for the construction of the first line of the Bogotá Metro. The HRLM will allow complaints related to possible acts of corruption to be analysed rapidly and dealt with pragmatically and transparently.
"For fighting corruption, the focus is very much on what the private sector do. And we're turning very much to India and China as places where things are happening."
Basel Institute President Mark Pieth talks to Jessica Davis Plüss at swissinfo.ch about corruption and the private sector's role in tackling it.
Pieth also touches upon inequality, populist governments, tax fraud and the need for tax harmonisation. "Can we worldwide agree on some kind of level or will people escape to places like Switzerland to pay less taxes than otherwise?"
Basel Institute President Mark Pieth was interviewed by cash.ch journalist Daniel Hügli at the 2019 World Economic Forum in Davos. See the original interview here.
Below is the (unofficial) English translation of his comments on commodity trading, gold supply chains and clean investments.
Experts in law enforcement, money laundering investigations and cryptocurrencies will meet in the Hague on 6–7 March 2019 for the 3rd Global Conference on Criminal Finances and Cryptocurrencies.
Co-founded and co-organised by the Basel Institute on Governance, the conference is hosted by Europol and Interpol on alternate years. The 2019 conference will be held at the Europol headquarters.
The Basel Institute's Head of Governance Research, Dr. Claudia Baez Camargo, was in London on 28-29 January for the launch of the DFID-funded Global Integrity Anti-Corruption Evidence Programme (GI-ACE).
Transparency in the extractives sector is widely seen as a key tool for improving accountability and deterring corruption. Yet for those very reasons, it is a puzzle that so many governments in corruption-prone countries have voluntarily signed up to greater scrutiny in this area, by joining the Extractive Industries Transparency Initiative (EITI).
Collective action initiatives in which governments and companies make anti-corruption commitments have proliferated in recent years.
This apparently prosocial behavior defies the logic of collective action and, given that bribery often goes undetected and unpunished, is not easily explained by principal-agent theory. Club theory suggests that the answer lies in the institutional design of anti-corruption clubs: collective action can work as long as membership has high entry costs, members receive selective benefits, and compliance is adequately policed.
This guide provides a basic introduction for government of officials, civil society groups and the private sector on eliminating corruption risks in public procurement. It is intended to inform and guide participants in public procurement, as well as civil society groups, on what can be done to strengthen the procurement process against corruption and its damaging effects.
Public procurement is a place where governments and companies used to be alone, and where citizens are increasingly present. Examining the rules under which governments acquire goods and services is fundamental to determine how transparent and competitive governments are when purchasing with taxpayer money. Transparent procurement increases social and consumer welfare, it ensures sound national and local government budgeting, stimulates an economy based on innovation, and strengthens democratic governance
This report aims to provide an overview of business integrity and anti-bribery legislation, policies and practices applicable to state-owned enterprises (SOEs) operating across the Southern African Development Community (SADC) region.