The crypto industry has exploded in recent years, and authorities in different countries have been reacting in very different ways. Some have banned cryptocurrencies, while others are embracing them to varying degrees. Some are working hard to align their anti-money laundering regulations with FATF standards, while others are turning a blind eye. A few countries have confiscated huge quantities of crypto assets linked to crime and money laundering.
This article sets out the experience of Transparency International (TI) in fighting corruption worldwide in the water sector. It focuses on identifying the sources of corruption in the sector and the available toolkits (best practice) for combating it.
Case studies from Cambodia, Japan, Colombia and Pakistan are used to illustrate some of the major points.
This guide helps businesses to learn more about the UN Global Compact Collection Action Project in partnership with five Global Compact Local Networks in Brazil, Japan, Kenya, Nigeria and Egypt.
It also aims to help improve anti-corruption practices within their individual organizations and to engage other businesses, governments and civil society in anti-corruption Collective Action.