Integrity Pacts to Prevent Corruption in Banknote Procurement
The Banknotes Ethics Initiative (BnEI) is an anti-corruption collective action initiative founded in 2013. It addresses the internal compliance standards of its members combined with a rigorous accreditation process administered by an external accreditation council.
The objectives of BnEI are also supported by 38 central banks, and now, some five years after its inception, the BnEI is picking up on one of its driving themes – ensuring fair competition in the procurement of banknotes.
Basel Institute newsletter - December 2019
Not the usual newsletter – a personal message at the end of 2019 from our Managing Director…
Working Paper 31: Applying the Swiss Anti-Money Laundering Act to gold refineries
Switzerland is the world leader in gold refining. Of the roughly 2,200–3,100 tonnes of raw gold…