Business entities wishing to implement projects funded by Multilateral Development Banks (MDBs, also referred to as International Financial Institutions) will be interested to know that six major MDBs have agreed and published new General Principles for Business Integrity Programmes. Such programmes play an important part in the MDBs’ efforts to fight fraud and corruption in the projects they finance or otherwise support.

The Basel Institute has published a comprehensive new analysis of corruption and illegal logging in Ukraine. Juhani Grossmann, who leads the Basel Institute’s Green Corruption programme, explains what it covers and why the report comes at a crucial time for Ukraine and its partners.

In a speech at the Anti-Corruption and National Security policy forum in Sofia, Bulgaria, the Basel Institute's President Peter Maurer commended how the Summit for Democracy is finally putting corruption at the centre of the debate about global peace and stability. He called on leaders in government, civil society and the private sector to work together to turn their commitments into action.

Illegal fishing was the theme of the first Follow-the-Money (FTM) Working Group meeting on 15 March 2023. The Basel Institute on Governance leads this Working Group as part of the Countering Environmental Corruption Practitioners Forum, an initiative of the Basel Institute, WWF, TRAFFIC and Transparency International.

What is the role of business in reducing illicit financial flows in the Southern Africa subregion? How is it evolving? What can businesses do to address corruption and money laundering risks in order to boost market growth and development and to strengthen governance systems?

The second Summit for Democracy on 29–30 March 2023 will shine a spotlight on corruption as a threat to democracy, peace and security. And in the context of Russia’s illegal invasion of Ukraine, the security implications of state capture and strategic corruption will no doubt be at centre stage.

An initiative of US President Biden, the Summit seeks both high-level commitments and ground-level actions to advance democracy, fight corruption and counter authoritarianism.