Professor Mark Pieth on behalf of the Basel Institute and the German Institute for Compliance (DICO) signed a Memorandum of Understanding in June 2017. The cooperation agreement foresees a range of joint projects being undertaken to address compliance themes relevant to the private sector, focusing particularly on preventive work. The agreement was signed at the DICO annual general meeting in Berlin where Professor Mark Pieth held a keynote speech.

Listen to the keynote speech of Professor Mark Pieth, Chairman of the Basel Institute, at the DICO Forum Compliance 2017.

The speech was held on the occasion of the signing of a Memorandum of Understanding between the Basel Institute and the German Institute for Compliance (DICO) in June 2017. More info here.

The Corporate Governance Capacity Building Initiative for Malaysian SMEs, an effort of the Malaysian Institute of Management (MIM) in conjunction with the Basel Institute on Governance kicked off with a half–day conference on "stepping up corporate governance and anti-corruption practices", specifically in the SME sector on 20 July 2017. It focused on the importance of SMEs, the backbone of the Malaysian economy, to take ownership of compliance and corporate governance to ensure sustained competitiveness on the global market.

The Basel Institute on Governance has just released its sixth edition of the Basel Anti-Money Laundering (AML) Index, an annual ranking assessing 146 countries regarding money laundering/terrorism financing risks. To date it remains the only research-based risk rating of countries in this field issued by an independent non-profit institution. It is used by the private sector as an established AML country risk-rating tool for compliance purposes, and in the public sector for research and policy measurement.

A regional training workshop for the Commonwealth Africa Anti-Corruption Centre has highlighted the importance of cross-border co-operation in solving corruption and asset recovery cases.

Between January and September 2017, ICAR experts conducted a series of Train-The-Trainer (TTT) workshops for the Prevention and Combating of Corruption Bureau (PCCB) in Dar es Salaam, Tanzania. The aim of this training programme is to teach local practitioners the relevant tools and strategy approaches to better investigate and prosecute grand corruption and money laundering cases.

On 29 September 2017, Professor Mark Pieth, President of the Basel Institute, moderated a panel discussion at the University of Basel on the topic of “how safe are football stadia?”

Graña y Montero, a Lima based group of engineering and infrastructure service companies operating in five countries in Latin America, announced last week the formation of its new external advisory council in matters of Corporate Governance, Ethics and Compliance. 

The company has appointed three outstanding professionals with expertise in legal strategy, business and international compliance to contribute to the Board's management on corporate governance and strategic business issues, and to support the tasks of the Risk and Compliance Committee.

The Basel Institute has recently published its letter of commitment to the UN Global Compact and its Ten Principles. The Basel Institute has partnered with UNGC since 2013 in support of our shared goal of combating corruption. The letter of commitment is the Basel Institute’s second Communication on Engagement and describes activities and outcomes of our efforts in support of the UN Global Compact Principles, and in particular its tenth principle on corruption, from November 2015 through October 2017.

Below is the full text of the letter.

In 2015 the Maritime Anti-Corruption Network (MACN) contacted the International Centre for Collective Action (ICCA) at the Basel Institute on Governance because MACN needed assistance with finding a local civil society partner in Argentina.