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Do settlements for corporate financial malfeasance work?

This week Standard Chartered Bank reached a second settlement with regulators in New York for failing to monitor suspicious financial transactions. It had also promised to tighten up its anti-money laundering processes when it admitted violating US banking rules on transactions with countries under sanction including Sudan and Iran. Perhaps it didn’t get the message. […]

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Brazil: marching against corruption

On 24 July the town hall in Queimada Nova was packed. The citizens of this small town – which has about 8,000 residents and is situated 520km from Teresina, the state capital of Piauí – had gathered to listen to a group of volunteer anti-corruption activists who had just finished analysing the town’s accounts. This was […]

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Libya’s Top 5 Corruption Scandals

Renewed factional fighting in Libya has claimed more than 150 lives in the past two weeks. The oil rich country is on the verge of becoming a failed state with a powerless central government. This is the haunting legacy of Muammar Gaddafi’s corrupt regime that has left the country in a state of constant violence […]

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Why governance matters for development: critics listen up!

The framing is simple but the implications are huge: to end poverty, you have to end corruption. Transparency International has been using this argument since it was founded over 20 years ago. There now appears to be a ground swell of people from the countries which donate the most to development, who agree with us. […]

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World Cup winners and losers

The 2014 World Cup had it all. Goals galore on the pitch, surprise results, tears and triumphs: a cornucopia of sporting excitement for a worldwide audience of more than a billion, culminating in a deserved win for an exceptional team from Germany. But it also had a series of own goals off the pitch by […]

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India’s next government must take on corruption

  India has passed the half-way point in its chaotic elections where 814 million people are registered to vote. The last polling day is 12 May and results will be announced on 16 May. One of the big questions is how the newly elected politicians will deliver on their campaign promises to tackle corruption. Too […]

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Fighting for workers’ rights in Bosnia and Herzegovina

Imagine you were asked to work seven days a week, with no lunch breaks and no overtime pay. That you were forbidden to take a five-minute pause, or even to sit down. And if you complained, you would be fired on the spot. Until recently, this was the situation that faced four female employees of […]

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Bangladesh factory safety in spotlight

On 24 April 2013 more than a thousand garment workers died when the Rana Plaza commercial building containing several factories in Dhaka, Bangladesh collapsed shortly after work began. A few months earlier, on 24 November 2012, more than a hundred workers died when a factory burned down in another part of the city. The owners […]

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Legacy of corruption: a challenge at the ballot box and beyond

On 5 April 12 million Afghanis are expected to vote to select their next president. The leading candidates have expressed their fear of corruption on the day of the election: ballot stuffing, vote buying, impersonation and voter intimidation are likely to resurface as during the last presidential elections. An unfair election will tarnish the legitimacy […]

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Time to stop secret contracts

We entrust governments – with our votes and money – to act transparently in our interest. This includes for the public contracts that they bid out to deliver: everything from schoolbooks to sanitation systems. Globally, these costs are estimated to top nearly US$ 9.5 trillion each year. Yet many of these contracts are done behind […]

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