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Foreign bribery largely unchecked in SA, OECD obligations not fulfilled

Yesterday Transparency International (TI) released the 2018 edition of its Exporting Corruption report, following on the previous edition published back in 2015. For South Africa, not much has changed for the better. Exporting Corruption 2018 rates countries on their enforcement against foreign bribery under the Organisation for Economic Co-operation and Development’s (OECD) Anti-Bribery Convention. The Read more >

South Africa fails to punish foreign bribery, TI report reveals

Transparency International (TI) has today released the 2018 edition of its Exporting Corruption report, rating countries based on their enforcement against foreign bribery under the OECD Anti-Bribery Convention. The OECD convention requires signatory countries to criminalise bribery of foreign public officials and introduce related measures. TI examined the enforcement of 40 signatory countries and four Read more >

Can we put an end to corruption?

The South African government recently announced its national anti-corruption strategy (NACS), that is aimed at tackling corruption in the public and private sectors, civil society, and citizen sector, as well as looking forward to other forms of corruption that could arise in the future – for example, cybercrime as a result of the evolution of Read more >

Money laundering and related crimes – info centre

Money laundering and illicit financial flows are two related, but distinct types of corruption that pose a huge threat to development and political and economic stability around the world. Developing countries are especially hard hit. The two are closely linked to the concept of beneficial ownership, which is a term referring to the true owner Read more >

Invest responsibly and don’t export corruption to Africa

First published on the ISS website Governments and business must do more to combat corruption as the biggest threat to African peace and development, said Institute for Security Studies (ISS) executive director Anton du Plessis, speaking on Friday at the World Economic Forum Africa meeting in Kigali. Du Plessis said the biggest threat to peace Read more >

Sanction individuals too: global fraud survey

Unethical conduct condoned in the workplace, lack of consequences and prosecution for bribery and corruption, and inadequate government commitment to secure convictions – these factors cropped up repeatedly in the findings of the 2016 global fraud survey, published by EY. Conducted between October 2015 and January 2016, the consulting firm’s biennial survey provides powerful insights Read more >

KPMG: ABC compliance still a big challenge

KPMG released its latest global anti-bribery and corruption survey earlier in September. The report, titled Anti-Bribery and Corruption: Rising to the challenge in the age of globalization, analyses some of the key risks companies face when dealing with bribery and corruption. The survey was completed in October 2014. The auditing company polled 659 respondents around the Read more >

Gains, losses in SA anti-bribery compliance

The latest anti-corruption survey from law firm ENSafrica is out – this year 88 organisations, including ENS corporate clients, across Africa participated. In the latest ENSafrica survey, South Africa is named as one of eight corruption hotspots on the continent, based on the experiences of respondents. Image: ENSafrica. The survey, said ENSafrica in a statement, Read more >

Civil society victory as Alderman steps down

Corruption Watch, with five other organisations, last week wrote an open letter to the Organisation for Economic Co-operation and Development (OECD) to express disappointment that Richard Alderman would sit on the high-level advisory panel reviewing OECD efforts on bribery. Their voices did not go unheard – the Financial Times reports today that Alderman, a former Read more >