Gemma Aiolfi, Head of Compliance and Collective Action, will explore some thorny areas of anti-corruption and human rights risk assessment and compliance during a forthcoming virtual “pre-evening dialogue” of the UN Global Compact Network in Switzerland and Liechtenstein.

The focus is on small and medium-sized enterprises (SMEs) with limited resources to address due diligence, and more broadly compliance risks. The topic, though, is relevant to all companies who need to address both corruption and human rights risks in their international business operations.

In this article, Juhani Grossmann, IWT Team Leader at the Basel Institute on Governance, explores the role of public-private partnerships in tackling illegal wildlife trade (IWT).

This is the second article in our short series of perspectives on IWT and financial crime, in collaboration with the International Academy of Financial Crime Litigators

The recently published Global Mapping of Anti-Corruption Authorities fills a critical gap in information about national anti-corruption authorities (ACAs) around the world. ACAs are key institutions to prevent and combat corruption, but until now centralised data on their mandates, activities and even existence has been lacking.

The global disruption from covid-19 to health and economic systems has magnified risks to preserving business integrity that will have longstanding impact. As a result, the pandemic is drawing significant attention to several of the world’s largest Collective Action initiatives that are reinforcing ethical business conduct in healthcare. The timing and actions of these initiatives could not be more critical in our crisis recovery efforts.

Integrity risks for businesses trading overseas have shot up due to the pandemic. Anti-corruption and human rights compliance approaches designed to protect companies during “business as usual” can come under strain in these unusual circumstances.

How can companies – especially smaller companies with limited resources – protect themselves from integrity risks in these times of crisis? There are no easy answers, but it’s important to talk about the questions.

The Banknote Ethics Initiative (BnEI) has made great strides since 2013 in promoting the highest standards of integrity and fair competition in the banknote sector. Now it's one of the first business-led initiatives to promote Integrity Pacts as a tool to safeguard banknote-related procurement from corruption risks.

The high level of confidentiality needed in this sector adds an extra challenge to the mix. The BnEI's Chairman, Antti Heinonen, gives a short insight into the project in the text below, which also appears in our 2019 Annual Report:

We are delighted to release our Annual Report 2019 – view it here.

The report highlights our achievements in the past year, but it also looks forward to the future. It is a chance to reflect on how corruption and governance are changing around the world and how we are adapting to new challenges. It is also a chance to thank, once again, our partners and donors for their unwavering support.