What does ISO 37001 Mean for Firms in Emerging Markets?

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Image: trident-integrity.com

In the relatively new sphere of anti-corruption compliance, 2016 is shaping up to be one of the most significant years ever. Not because of a record fine levied against a multi-national corporation. Nor because of a new law or stepped up enforcement. But, rather because a group of compliance practitioners from dozens of countries have painstakingly devised a new global standard that lays the groundwork for unambiguous anti-corruption compliance certification of firms large and small.

The new standard, known as ISO 37001 – Anti-bribery management systems, is set to be released for use on September 15 by the Geneva-based International Organization for Standardization (ISO). The ISO is the global body that develops and maintains thousands of standards, ranging from technical and industrial specifications that ensure products can work together – how pipes are threaded, the data structure of CD-ROMs, the direction of on/off switches in aircraft, the dimensions of camera film and office paper – to environmental practices and health and safety in the workplace.  Read More...

In the Excitement of the New, Let’s Not Neglect the Tried and True

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Photo Credit: Council on Foreign Relations

By Matthew Stephenson

This blog appeared originally on May 24, 2016 on The Global Anti-Corruption Blog. It is re-posted here with permission.

In my two posts last week (here and here), I attempted to go through all of the 41 country statements submitted by the participants in the London Anticorruption Summit held earlier this month, to see what those statements had to say about four specific issue areas highlighted by the Summit’s joint Communique: (1) accessibility (and possibly transparency) of beneficial ownership information for companies and other legal entities, (2) public procurement transparency, (3) independence, effectiveness, and transparency of national audit institutions, and (4) whistleblower protection (and encouragement). I didn’t originally intend to say much more about this, other than putting the information out there for others to examine, but on writing up the summaries, I was struck by the following observation:

Of the four issue areas I picked out–all of which, again, were prominently featured in the Communique–I would characterize two (beneficial ownership and, to a somewhat lesser extent, procurement transparency) as relatively “new” topics that have generated a lot of excitement.  Read More...

Video: The Business Case for Anti-Corruption Compliance

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From Kenya to Ukraine, CIPE has been partnering with business associations around the world to educate companies in emerging markets on the importance of anti-corruption compliance. In order to reach an even broader audience on this topic, CIPE created four tutorial videos covering the basic elements of an anti-corruption compliance system. The content of the videos are based on CIPE’s Anti-Corruption Compliance Guidebook .

The first animated video in the series explores why businesses in emerging markets should care about anti-corruption compliance. It covers what corruption is, how bribery and other forms of corruption are becoming unacceptable in international business, and what it means for companies that already are, or hoping to become, part of value chains of global corporations.

Watch the video hereRead More...

Anti-Corruption Manifesto: Make Business Part of the Solution

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By Andrew Wilson

Joining business and civil society leaders around the world to explain why tackling corruption matters, CIPE’s acting Executive Director Andrew Wilson stresses the need to make business part of the solution.  CIPE is one of the many organizations contributing to the Anti-Corruption Manifesto to world leaders organized by Transparency International in the lead up to the Anti-Corruption Summit, London, 2016.

Read the Wilson’s full statement as well as those of other business and civil society leaders on the Anti-Corruption Manifesto website.  Read More...

5 Steps to Curtail Corruption in Pakistan

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Pakistan Blog

By: Pakistan Representative, Accountability Lab, Fayyaz Yaseen and Executive Director, Accountability Lab, Blair Glencorse.

This blog post was originally published by the World Economic Forum then Accountability Lab. Posted on CCTrends with permission.

“What kind of Pakistan do we want for our children?”, a civil society activist asked recently. “It has to be an inclusive state which is fair, honest and open to everyone.” The promise of this future lies in an entire generation standing-up for accountability and holding those in power responsible for their actions. This is not easy, of course, but it is essential- and it can be done in Pakistan as it can in other countries in South Asia and beyond.

At the Accountability Lab we’re learning a lot about how to do it – here are some ideas.

First, young people must lead change. The median age in Pakistan is now 22 years old, with 63% of the population under the age of 25.

  Read More...

Why Open Contracting is Good Business

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Anti-Corruption Summit, London 2016, Photo Credit: Voice of America English News

By: Georg Neumann, Senior Communications Manager, Open Contracting

Last week at the UK Anti-Corruption Summit, 40 countries committed to making public contracting open by default. This signals a major shift in the way governments spend money to procure works, goods, and services from the private sector. The use of open contracting will not only make government deals more transparent, but also help boost competition by creating a fairer, level playing field for businesses, and providing opportunities for smaller companies to profit from government deals.

A total of 14 countries announced plans to implement the Open Contracting Data Standard, a global and non-proprietary open data standard that structures and discloses information on government contracting.  

The pledges were not limited to the developed world: Afghanistan agreed to pilot open contracting in major infrastructure projects; Argentina will focus on the health sector; and Ghana and Nigeria will look at extractives and beyond.  Read More...

How Do We Support Corporate Compliance in a Democratizing Global Marketplace?

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Hoverboards” made by small Chinese factories and sold direct to consumers are just one example of the unique regulatory and compliance challenges of our increasingly democratic globalized economy. (Photo: Flickr / Ben Larcey)

Writing on Medium, CIPE’s acting Executive Director Andrew Wilson asks: with technological change and trade deals making it easier than ever to enter the global marketplace, how can we ensure robust compliance with anti-corruption, labor, environmental, and corporate governance standards?

Read the story on Medium and follow CIPE for more stories like this one.  Read More...

Q&A with Paul Heywood: Anti-Corruption Evidence Research Programme

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Paul Heywood (photo credit: Nottingham Ambassador Programme)

As the world’s attention turns this month towards U.K. Prime Minister David Cameron’s Anti-Corruption Summit in London, the British government has launched an ambitious project to understand what works and doesn’t work when it comes to reducing corruption in developing countries. The multi-year, $5.2 million effort is part of an Anti-Corruption Evidence partnership between the British Academy and the U.K. government’s Department for International Development (DFID). It is led by Paul Heywood, a professor of European politics at the University of Nottingham. Heywood is the author of 18 books, a member of the board of trustees of Transparency International and an anti-corruption practitioner with experience in Europe, Hong Kong and China. He spoke recently with Frank Brown, CIPE’s Anti-Corruption/Value Chain team leader.

What is the main aim of the Anti-Corruption Evidence Research Programme and what makes it unique?

The program focuses on evidence gaps in understanding what actually works to reduce corruption in developing countries.   Read More...

Boosting Integrity in Global Trade

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2016 OECD Integrity Forum

Mutually beneficial exchange of goods and services is at the heart of David Ricardo’s comparative advantage argument and Adam Smith’s The Wealth of Nations. Over the centuries, such exchange through commerce has connected countries around the globe through a web of economic links and lifted millions out of poverty. In the modern era, international agreements under the World Trade Organization (WTO) have done much to lower tariffs and increase trade. However, in many countries, non-tariff barriers continue to impede growth and development. Lack of integrity in border control and customs administration is one such key barrier.

As estimated by the World Customs Organization (WCO), the loss of revenue among its 180 member countries caused by customs-related corruption is at least USD 2 billion in customs revenue each year. India and Russia alone are losing USD 334 million and USD 223 million, respectively. Beyond monetary losses, lack of integrity in customs also presents big risks for global value chains and security concerns when it comes to criminal activity and illicit trade.  Read More...

Rule of Law Makes Good Business

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photo credit: barbwire.com

Four billion people, more than half of the Earth’s population, live outside of the rule of law according to a 2008 report by the United Nations Development Program.  Lack of rule of law is connected to human rights abuse, crippled democracies, and wasted national resources, a nexus that activists, NGOs and governments call attention to every day, often achieving significant change.

But the voice of the business community, one of the most powerful advocates for improving the rule of law in emerging markets, often goes unheard, left out of traditional coalitions for reform despite natural synergies on a range of issues. One of the most obvious is corruption. Corruption not only corrodes the institutions key to the functioning of a democratic state but it also perpetuates inefficient systems for conducting business and trade. It impedes starting a business, purchasing property, settling disputes, and managing risk. It spooks potential foreign investors and business partners.  Read More...