There has been a big push in recent years to make government data open so citizens know where their tax money is spent– from snow collection in Chicago and broken street lights in Tbilisi, to what public officials declare about their assets in Mexico and their lobbying meetings with companies in the EU. While data […]
Our chapter in the US recently released a report to help companies assess the effectiveness of their anti-corruption programmes. In this interview, Shruti Shah, our Senior Policy Director at Transparency International-USA, explains why the mere adoption of an anti-corruption programme is not enough – verification is crucial. (This is a shortened version of the interview […]
From one corruption fighting organisation to another, hats off to Global Witness. Founder Charmian Gooch and her colleagues have been recognised for their stellar efforts to highlight the damage done by corrupt practices in the extractives sector. In her award winning TED talk, Gooch highlighted the role of ‘the facilitators’ – global banks and global […]
Croatia becomes EU member number 28 on 1 July. After Tudjman and Milosevic and a bloody war 20 years ago in the Balkans, this is definitely good news for both the European Union and Croatia. The new story of the Balkans started with disintegration 20-odd years ago, but Croatia’s membership is a clear sign of […]
This Sunday the Swiss voted in favor of a constitutional initiative entitled “Initiative against abusive remunerations”. This follows the proposal of similar measure in the European Parliament, which we blogged about on Friday. The initiative, which applies to all quoted companies, squarely prohibits welcome packages and golden parachutes as well as bonuses in relation with […]
Our recent report on corporate transparency has exposed lamentably low levels of country-by-country reporting across the business spectrum. This means 69 of the world’s biggest companies operate in India, for example, but only two disclose how much money they made there, and not one discloses Indian tax payments on their main corporate website (see the […]
Last Friday, Cobus de Swardt, Managing Director of the global Transparency International Secretariat in Berlin, was visiting Brussels for an interview in the Euronews show “On the Frontline” (OTFL) for a special edition titled “Is there a corruption crisis in Europe?” which aired yesterday. The discussions around this show started already back in August when OTFL […]
Compared to the EU’s 2011 budget of around 140 billion Euros, 2 million Euros (that’s 0.0014286% of 140 billion Euros) doesn’t sound like much. However, a fight – which is expected to come to a head this week – between the European Parliament and the European Commission over this relatively small sum of money may […]
In the European Parliament the issue of codes of conduct is a hot topic at the moment. As one Member of the European Parliament recently stated on facebook, “What my employment was before I was elected, is not of the European Parliament or your business.” Unfortunately, it seems that some members of the European Parliament (MEPs) […]
…and how much money do they spend when they get there? Despite their global reach, Transparency International’s recent Transparency in Corporate Reporting report – which assesses 105 multinational companies’ anti-corruption reporting – shows that these companies reveal very little information about their financial and non-financial contribution to the countries in which they operate. The European […]
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