In 2015, the Maritime Anti-Corruption Network (MACN) launched a Collective Action project in Indonesia with support from the UK Foreign and Commonwealth Office and in partnership with the NGO Kemitraan.

Indonesia had been identified as a corruption hotspot among MACN member companies calling port in the country. The overall objective of the Collective Action was to increase the transparency of port operations, remove trade barriers such as facilitation payments, and increase the ease of doing business for British, international, and local businesses operating in Indonesia.

Initiative

Open Ownership

OpenOwnership's central goal is to build an open Global Beneficial Ownership Register which will serve as an authoritative source of data about who owns companies, for the benefit of all.

OpenOwnership will collect and link together beneficial ownership data sets from across the world as well as self-disclosed corporate data to enable companies and investors to more easily see who they are really doing business with. It will provide an opportunity for companies to distinguish themselves as leaders in transparency and openness by disclosing their own ownership on the platform.

The online ownership transparency platform provides a clear framework for companies wishing to commit to achieving ownership transparency. Primary users of the platform include a mix of SMEs, multinational businesses and civil society. The majority of commitments come from SMEs, often with a tech focus. The goals are to:

During the three-year project, IBLF will seek to bring to Russia and China the best international practices in corporate approaches to compliance, raise knowledge and consciousness of the costs of corruption and the benefits of combating it, and bring innovative management tools and techniques to multinational and local companies.

The Hanoi Principles are a set of business ethics principles and implementation guidelines for the engineering and construction sector in the APEC region. In cooperation with the U.S Department of Commerce, and under the auspices of the the Asia-Pacific Economic Cooperation (APEC) Small and Medium Enterprise (SME) Ministerial Working Group, Fluor led the effort to develop the Hanoi Principles.

On February 3, 2019, 37-year-old former mayor of San Salvador Nayib Bukele – the charismatic, anti-establishment, fringe-party candidate – won 53 percent of the vote in El Salvador’s presidential election. He takes office in June. The challenge confronting Bukele is stark, especially when it comes to the rule of law. But there are concrete things the international community can do to help the new president and his citizens.

Transparency in the extractives sector is widely seen as a key tool for improving accountability and deterring corruption. Yet for those very reasons, it is a puzzle that so many governments in corruption-prone countries have voluntarily signed up to greater scrutiny in this area, by joining the Extractive Industries Transparency Initiative (EITI).

This paper looks at the use of proceeds of asset recovered from Sani Abacha, Vladimir Montesinos, and Ferdinand Marcos and their families. It will also briefly address a much more recent case involving Kazakhstan.

Repatriation of stolen monies makes available additional resources for development activities. The challenge is to ensure efficient, accountable and transparent use of such assets, given states may lack capacity or political will and that corruption may be prevalent at various levels of government.