J. Edward “Ned” Conway became Executive Secretary of the Wolfsberg Group on 1 November 2024, succeeding Alan Ketley. With its 12 member banks, the Wolfsberg Group is a globally respected source of expertise on financial crime risk management, setting industry standards and building bridges between financial institutions and other stakeholders. The Basel Institute serves as Secretariat to the Group, which is now in its 25th year.

Nominations are now open for the International Anti-Corruption Collective Action Awards 2025.

With the Collective Action Awards, we celebrate outstanding achievements by multi-stakeholder initiatives in tackling corruption and raising standards of business integrity – and hopefully inspire the development of new Collective Action initiatives.

Organisations and initiatives can submit their nomination for one of two award categories:

An interview with Martin Benderson by Nicolas Hocq.

Maritime corruption poses significant challenges to global trade, inflating costs, delaying operations and undermining integrity in supply chains. The Maritime Anti-Corruption Network (MACN), a leading international Collective Action initiative, has been at the forefront of addressing these issues through collaboration with governments, businesses and civil society.

We are thrilled that anti-corruption Collective Action has received fresh impetus under the Brazilian presidency of the B20 – the voice of business of the G20 intergovernmental forum. This reflects a shift in mindset among global business leaders, towards recognising the power and necessity of multi-stakeholder collaboration for anti-corruption and integrity.

The Basel Institute has secured a new grant to partner with leading pharmaceutical company Novartis to improve the effectiveness of compliance programmes in deterring corrupt behaviour.

Shawn Teixeira became Head of the Siemens Integrity Initiative in 2024, having worked tirelessly together with Sabine Zindera over many years in the oversight of 85 projects in over 50 countries with around USD 120 million in committed funding. Under their leadership, the Siemens Integrity Initiative has been a driving force in the growth and evolution of anti-corruption Collective Action.