Norm diffusion and reputation: The rise of the extractive industries transparency initiative
Transparency in the extractives sector is widely seen as a key tool for improving accountability and deterring corruption. Yet for those very reasons, it is a puzzle that so many governments in corruption-prone countries have voluntarily signed up to greater scrutiny in this area, by joining the Extractive Industries Transparency Initiative (EITI).
We argue that EITI serves as a reputational intermediary, whereby reformers can signal good intentions and international actors can reward achievement. International and domestic actors thus utilize EITI to diffuse the norm of resource transparency and to advance reformist aims in a highly problematic policy area.
Supporting the Swiss Global Compact Network – Principle Ten on Anti-Corruption
Gemma Aiolfi, Head of Compliance, Corporate Governance and Collective Action at the Basel…
FRACCK agreement with Kenya illustrates that partnership is essential when the disposal of confiscated assets should benefit development
The Framework for the Return of Assets from Corruption and Crime in Kenya (FRACCK), agreed and…
A Comparative Guide to Anti-Money Laundering: A Critical Analysis of Systems in Singapore, Switzerland, the UK and the USA
All the major financial centres have experienced a rise in anti-money laundering rules and regulations. Initially, anti-money laundering laws were used as a weapon in the war on drugs, whilst more recently they have been deployed in the ongoing fight against terrorism. These developments, the authors reveal, have had serious consequences for banks and other financial institutions – affecting…