By Miroslav Palanský and Moran Harari First published on the U4 Anti-Corruption Resource Centre blog Corruption happens in two main stages. The first is the actual act of receiving something of value: a monetary bribe passed under a table, a public procurement contract awarded to a classmate from high school, a law quietly rewritten to Read more >
Posts
CORRUPTION NEWS
Image: International Monetary Fund The G20 Development Working Group (DWG) has released a document outlining its call to action for countries to adopt what it terms voluntary and non-binding high-level principles for combating illicit financial flows (IFFs). The DWG falls under the G20’s Sherpa track and is the key G20 forum for the discussion of Read more >
CORRUPTION NEWS
In February this year we reported that South Africa had addressed all but two of the action items highlighted as regulatory weaknesses by the Financial Action Task Force (FATF), after a mutual evaluation review in 2021. This resulted in the country’s unwelcome debut on the FATF grey list in February 2023. The FATF is the Read more >
CORRUPTION NEWS
The Tax Justice Network (TJN) released the 2025 edition of its Financial Secrecy Index (FSI) on 3 June 2025, following on the previous edition released in 2022. The key finding, says the organisation, is that those countries who provide the most financial secrecy are clearly moving towards autocracy. Of this year’s top 10, says TJN, Read more >
CORRUPTION NEWS
Image: International Monetary Fund Illicit financial flows (IFFs) have been, and continue to be, a huge problem for developing countries, especially. They hinder countries’ ability to meet the UN sustainable development goals, because they undermine the fiscal systems which are in place to collect government revenue, and reduce the amount of funds available for development Read more >
CORRUPTION NEWS
When corruption is exposed, it is a given that the corrupt will fight back tooth and nail, clinging with all their might to that easy and lucrative source of income or power. A new report, released in April 2024 by the Tax Justice Network, reveals how those who operate in secrecy have found a strategy Read more >
CORRUPTION NEWS
By Matti KohonenFirst published on Tax Justice Network In this blog we explore how climate justice and tax justice advocates can unite and demand beneficial ownership transparency for sectors prone to climate crimes. As the Tax Justice Network has previously noted, the climate crisis and financial secrecy are closely connected. Immense pressure and a set Read more >
CORRUPTION NEWS
Image: Wikimedia Commons, used under a CC BY-SA 3.0 license First published on BusinessTech The Department of Trade and Industry and Competition has gazetted its intention to submit the Companies First and Second Amendment Bills to Parliament in August 2023. The two bills aim to shift the dial significantly on red tape and inequality in Read more >
CORRUPTION NEWS
Glossary of corruption-related terms Do you know your baksheesh from your bribery? Your cronyism from your collusion? Read our evolving glossary of terms relating to corruption to find out what they all mean. Sources:U4 Anti-Corruption Resource CentreTransparency International A A LOOTA CONTINUA ABUSE OF POWER / OFFICE / RESOURCES / FUNCTION ACCESS TO INFORMATION ACCOUNTABILITY Read more >