Designing a High Level Reporting Mechanism for Business - A Guidance Note for Governments
This document provides general guidance to governments on how to develop and manage a High Level Reporting Mechanism (HLRM).
The HLRM is a tool that can:
This document provides general guidance to governments on how to develop and manage a High Level Reporting Mechanism (HLRM).
The HLRM is a tool that can:
Corruption undermines nearly all key legal and developmental priorities today, including the effective functioning of democratic institutions and honest elections; environmental protection; human rights and human security; international development programs; and fair competition for global trade and investment.
The book explores the origins of Collective Action in worldwide anti-corruption efforts. It gives examples of initiatives that have worked and it acknowledges the challenges to Collective Action openly.
It goes on to identify possible outcomes and discusses methodologies for future initiatives; it considers particular techniques for achieving Collective Action, like monitoring.
Finally, it indicates the next steps for policy-makers.
This analysis of 'globalised' standard-setting processes draws together insights from law, political sciences, sociology and social anthropology to assess the authority and accountability of non-state actors and the legitimacy and effectiveness of the processes. The essays offer new understandings of current governance problems, including environmental and financial standards, rules for military contractors and complex public-private partnerships, such as those intended to protect critical information infrastructure.
By Patricia E. Dowden and Philip M. Nichols. This article was originally published by the Russian International Affairs Council on 25 December, 2014. Republished here with permission.
By Virna Di Palma, Director of the TRACE Anti-Bribery Specialist Accreditation and Senior Director of Global Strategy and Communications at TRACE International, an anti-bribery business organisation.
By Frederic Wehrlé
Although there is no statutory obligation for companies to engage in anti-corruption Collective Action, there are references to it in guidance documents that have been issued by governments in relation to laws prohibiting bribery. These guidelines are used by companies when developing or reviewing their anti-corruption compliance programs, as well as when defining the scope of internal policies and procedures.
Comments from the Basel Institute on Governance Conference on Anti-Corruption Collective Action to address corporate and multi-stakeholder initiatives against bribery and extortion:
On 12 May 2014 the government of Ukraine took a step to help encourage much needed foreign investment into the country by signing a Memorandum of Understanding with the European Bank for Reconstruction and Development (EBRD), the Organisation for Economic Co-Operation and Development (OECD) and several business associations, addressing bribery and promoting transparency and accountability.