The Bank Council of the Swiss National Bank (SNB) approved new regulations on private financial investments and financial transactions by members of SNB management, which will come into effect on 1 May 2012. The draft regulations were drawn up by a working group headed by a Zurich commercial lawyer, Professor Peter Forstmoser.

The working group based its work mainly on a comparative law report by the Basel Institute on Governance. The report assesses the regulations for bank transactions by the Governing Board and compared it with other major central banks.

Today, Friday March 30, 2012, the Independent Governance Committee (IGC) presented its first report to the Executive Committee of FIFA.

At the recent celebration of the 10th anniversary of the UN Global Compact's 10th principle on anti-corruption in New York, the Basel Institute and UNGC have formally launched their partnership to develop and maintain the B20 Collective Action Hub.

The Basel Institute on Governance, through its International Centre for Collective Action (ICCA), has been commissioned by the International Forum on Business Ethical Conduct for the Aerospace and Defence Industry (IFBEC) to conduct a comprehensive study on global offset practices, in conjunction with a working group of offset experts and practitioners within IFBEC’s membership. Offsets refer to arrangements whereby government purchasers of aerospace and defence industry goods and services request a form of industrial compensation when purchasing from non-domestic sources.

In recognition of the Basel Institute on Governance having received the mandate from the B20 Task Force on Anti-Corruption and Transparency in June 2013 to host the B20 Collective Action Hub, working along with the United Nations Global Compact (UNGC), the two organisations have signed a Memorandum of Understanding (MoU), further reinforcing their collaboration in this endeavour. 

At the end of December 2013, the Independent Governance Committee (IGC) under the leadership of Prof. Mark Pieth formally completed its task of overseeing the FIFA reform process after more than two years of work.

During this time, the IGC, a group consisting of renowned governance experts and football stakeholders, submitted concrete recommendations for reforms relating to greater transparency, financial controls, accountability and ethical conduct.

TRACE named the Maritime Anti-Corruption Network (MACN), a global business network of companies and associations involved in the maritime industry, the winner of its second annual Innovation in Anti-Bribery Compliance Award. The MACN was recognized for its efforts to create an industry-wide compliance culture through collective action.

The Government of Panama will evaluate the implementation of a High Level Reporting Mechanism (HLRM), through a pilot project in collaboration with the Basel Institute on Governance and the British Embassy in Panama.

Mark Pieth and Gemma Aiolfi of the Basel Institute met with Vice President Isabel de Saint Malo de Alvarado and several government ministers on Wednesday, 11 February 2015, to discuss the HLRM and its corruption prevention capacities, overall function and potential application within the Panamanian context.

Gemma Aiolfi, Head of Compliance and Corporate Governance / Collective Action, discussed anti-corruption Collective Action and High Level Reporting Mechanisms in Vol. 36, Issue 5 of the Thai Institute of Directors' (IOD) Boardroom Magazine.