Image credit: KeithAllisonPhoto.com, CC BY-SA 2.0 via Flickr

Incentivizing integrity in banks is more than just paying some fines

Three German banks Commerzbank, HypoVereinsbank and the state-owned HSH-Bank have just settled with tax authorities in Nordrhein-Westfalen on illegal aid to tax evasion. The banks assisted clients in shifting their funds from Luxembourg to Panama to put the money out of reach of German tax authorities. While the settlements partially provide for 8-digit fines, they […]

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Photo competition winner: “Corruption has left a stain on humanity”

Earlier this year, we teamed up with the Thomson Reuters Foundation and the International Anti-Corruption Conference to launch “Capture Corruption”, a global photo competition for the most powerful images of corruption and its devastating impact on lives around the world. Today, we’re revealing the winning selection. In first place in our 31+ category is Giles Clarke – […]

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Copyright, A.M. Ahad / Associated Press

Photo competition winner: “Children are most affected by corruption”

Earlier this year, we teamed up with the Thomson Reuters Foundation and the International Anti-Corruption Conference to launch “Capture Corruption”, a global photo competition for the most powerful images of corruption and its devastating impact on lives around the world. Today, we’re revealing the winning selection. Choosing from more than 1500 entries, our judges selected A.M Ahad’s […]

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Подготовке Чемпионата мира по футболу 2018 нужна прозрачность

В 2010 году Российской Федерации было присуждено право проведения Чемпионата мира по футболу 2018 года. После Зимних Олимпийских Игр 2014, Чемпионат мира станет вторым по величине спортивным событием в истории современной России. На проведение мероприятия правительство Российской Федерации утвердило бюджет в 660 млрд. рублей (16 млрд. долл. США).  335 млрд. рублей (8 млрд. долл. США) […]

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World Bank adopts key Transparency International goals in new procurement policies

The World Bank funds 1,800 procurement projects to the tune of US$42 billion in 172 countries, often in challenging environments. It is therefore important to have strong measures to counter corruption. Last week, the Bank announced a new procurement framework that includes many of the recommendations and suggestions Transparency International and Transparency International USA have […]

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How to win back trust in banks

The culture of profit before service at banks has led to a spate of serious scandals that have destroyed the public’s trust in the banking system. In March Transparency International wrote to the G30, a group of senior representatives of the private and public sectors and academia, which was tasked to develop recommendations on what […]

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How do organisations clean up after corruption scandals?

Hisao Tanaka, president of Toshiba Corporation, and two top executives resigned after an independent investigation found that earnings had been improperly inflated by US$1.2 billion under his watch. This blog post is part of a series drawing on articles from the Global Corruption Report: Sport. Simultaneously, FIFA’s president Sepp Blatter announced that he was staying […]

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Berlusconi’s latest corruption conviction: integrity for sale

Last week a Naples court sentenced Italy’s former Prime Minister Silvio Berlusconi to three years in prison for corrupting the political process by bribing a politician for his vote. Valter Lavitola, his “fixer” in this act, was also convicted. Neither will serve time. This was only the first court decision and both men have the […]

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Anti-Corruption Cards: Cambodia’s new craze

Transparency International Cambodia recently launched its Anti-Corruption Cards that offer shopping discounts to citizens who sign up to the Declaration Against Corruption.   So far more than 8,000 people in the capital Phnom Penh and provinces have received their cards, entitling them to savings of up to 60 per cent at a variety of shops […]

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FIFA reform: suggestions for fair and transparent finances

The resignation of Sepp Blatter as FIFA President on 2 June was swiftly followed by a commitment to immediate governance reform, led by independent chair of FIFA’s audit and compliance committee Domenico Scala. Central to Scala’s mandate will be a review of financial transparency, as well as the proportional representation of influence within FIFA. This […]

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