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.
Anti-corruption Collective Action Initiatives (CAIs) are structured efforts that bring together private sector actors with other stakeholders with the aim of preventing corruption and improving the business environment in a particular context.
The landscape of CAIs is extremely diverse. Differences cut across the type and number of stakeholders involved. Initiatives can be sector-specific or cross-sectoral. They can be applied at the community, country, regional or global level.
There was not quite a revolution in Basel on 14–15 November 2018, but there was plenty of lively discussion during the panel sessions and on the margins of the Basel Institute's 3rd International Collective Action Conference.
This document addresses the High Level Reporting Mechanism (HLRM) and its contributions to fairer market conditions in Colombia, where it is being piloted in connection with the public procurement process for the 4G Road Project. Using a Public Private Partnership approach, the 4G Road Project will be carried out over the course of seven years, completing 8,000 km of roads at an investment of US$25 billion.
The role of the HLRM will be to ensure that the program is less vulnerable to corruption and bribery risks.
The Basel Institute is delighted about and welcomes the Wolfsberg Group's endorsement of the United for Wildlife Financial Taskforce Mansion House Declaration. This is a significant step in gaining the active support of the financial sector in combating the multibillion-dollar illegal wildlife trade.
The Basel Institute is the implementing partner of the intelligence-sharing mechanism of the United for Wildlife Financial Taskforce, a groundbreaking initiative of the Royal Foundation.
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:
This document provides an in-depth look into the Siemens Compliance System. It examines how it has been developed, what elements it consists of and what Siemens is doing on an ongoing basis to further develop it.
A growing body of research argues that anticorruption efforts often fail because of a flawed theoretical foundation, where collective action theory is said to be a better theoretical lens for understanding corruption than the dominant principal-agent theory. We unpack this critique and advance four new arguments.
This set of case stories was gathered in relation to implementation of the 10th United Nations Global Compact Principle against corruption.
Chapter 2C deals with Collective Action. It contains the following articles and case stories: