Pursuant to an agreement signed in August 2014 between the Office of the Prosecutor General of Ukraine (GPO) and the International Centre for Asset Recovery (ICAR), the ICAR conducted its second 5-day training workshop entitled “Financial Investigations and Asset Recovery”. The workshop was held at the National Academy of Prosecutors of Ukraine in Kyiv during the period 27 – 31 July 2015 in Kyiv, Ukraine. The first workshop took place in January 2015.

The High Level Reporting Mechanism (HLRM) has received increased attention in recent months, making it worthwhile to take stock of developments surrounding the tool as well as supporting items for their implementation.

This piece was originally published by the B Team Blog on 10 April 2017. Republished here with permission.

Metro Cash & Carry is one of the world’s leading self-service wholesale companies – selling food and non-food products to businesses and governments. In the past, MC&C’s Ukrainian branch would turn down potential business contracts with the Ukrainian government to avoid well-known and widespread corruption in its public procurement system.

A private sector perspective on the importance of compliance and the benefits of pursuing a level playing field through Collective Action in Ukraine.

The Basel Institute on Governance is pleased to launch two new resources on the High Level Reporting Mechanism (HLRM) as a corruption prevention tool. 

What role can compliance certification play in anti-corruption Collective Action?

The discussion around the ISO 37001 standard, published late 2016, created something of a debate on the pros and cons of certifying companies’ compliance programs. And while many welcomed the introduction of a uniform international standard for the prevention and detection of bribes other familiar criticisms of certification remain.

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.

Corruption remains endemic in Ukraine and a severe impediment to democratic and economic development in the country. Support to anti-corruption efforts in Ukraine is a high political priority for the European Union.

Experts from the Basel Institute's International Centre for Asset Recovery (ICAR) conducted a five-day Financial Investigations and Asset Recovery training workshop  in Ukraine from 27 to 31 August 2018.