Gold Laundering – the dirty secrets of the gold trade and how to clean up is the latest book by Professor Mark Pieth, President of the Basel Institute on Governance. Published by Salis Verlag in English (28 June 2019) and German (17 June 2019), Gold Laundering looks at how the global gold market works, its fundamental role in shaping economic and political history, and its relation to human rights violations, environmental destruction, corruption and other major problems.
In this eye-opening book, Mark Pieth gives an in-depth insight into how the global gold market works, what role Switzerland plays in it, where the hidden abuses lie and how human rights in the gold industry can be protected in a credible way.
Anti-corruption compliance doesn’t have to be complicated. Even small and mid-sized companies can easily build the basics of an effective anti-corruption compliance programme.
Start by asking yourself: are you doing these five things?
The Basel Institute's cryptocurrency expert, Federico Paesano, delivered a successful open training course on blockchain, cryptocurrencies and AML/CFT this week in collaboration with Zurich-based MME and its Senior Compliance Advisor, Chris Gschwend.
The two-day course, FinTech AML Compliance Training, covered the essentials of blockchain and how to adapt AML/CFT processes to the FinTech industry.
RESIST (Resisting Extortion and Solicitation in International Transactions) is designed as a training tool to provide practical guidance for company employees on how to prevent and/or respond to an inappropriate demand by a client, business partner or public authority in the most efficient and ethical way, recognizing that such a demand may be accompanied by a threat.
RESIST is intended primarily as a training tool to raise employee awareness on the risk of solicitation, including through frank discussion, and to propose practical ethical responses to dilemmas.
Bribery and corruption exist across all industries, but the engineering, construction and real estate sectors are particularly at risk, given the size, complexity and strategic importance of infrastructure-related initiatives in both advanced and emerging economies.
Companies conducting business beyond their domestic markets face growing legal and reputation risks.
The Good Practice Guidelines on Conducting Third Party Due Diligence are meant as a practitioner’s guide to managing these risks and are intended for all types of businesses.
As integrity risks exist throughout the public procurement process, a holistic approach for risk mitigation and corruption prevention is needed. Focusing integrity measures solely on one step in the process may increase risks in other stages. Similarly, addressing only one type of risks may give leeway to integrity violations through other mechanisms. For example, administrative compliance measures in the bidding phase do not root out the risk for political interference in the identification of needs.
Anchored in the G20/OECD Principles of Corporate Governance, this report is about using better corporate governance to fight corporate misconduct. The report takes stock of corporate practices tying business integrity considerations into corporate governance frameworks, strategy and operations. It also assesses what factors influence business decisions to implement business integrity measures in practice.
This report focuses on: