Myanmar extractives ownership / B20 integrity prioritized / Market competition effects

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Knowing who owns extractive companies will help Myanmar thrive (Opinion).  “More transparency in this area can also contribute to the Myanmar government’s ongoing efforts to build a more robust business environment, improve Myanmar’s investment attractiveness and contribute to the country’s ranking in international indexes. A level playing field, reduced corruption and lowered tax-avoidance risks will ultimately benefit the citizens of Myanmar.”

Aye Kyithar Swe and Matthieu Salomon/Myanmar Times: https://www.mmtimes.com/news/knowing-who-owns-extractive-companies-will-help-myanmar-thrive.html

 

‘Integrity & compliance’ continues as a B20 priority (Blog).  “As Saudi Arabia prepares to assume the G20 presidency, the B20 – or Business 20 – has announced the creation of taskforces to address six thematic priorities in 2020. Featuring prominently this year again is the topic of integrity & compliance, alongside digitalization; energy, sustainability & climate change; finance & infrastructure; future of work & education; and trade & investment.”

Mirna Adjami/The FCPA Blog: https://fcpablog.com/2019/11/07/integrity-compliance-continues-as-a-b20-priority/

 

What Is the Effect of Market Competition on Corruption? Some Surprising New Findings (Blog).  “Higher levels of market competition have a statistically significant positive correlation with paying contract bribes and import bribes…[and] a statistically significant negative correlation with paying tax bribes and operating bribes.”

Haggai Porat/The Global Anticorruption Blog: https://globalanticorruptionblog.com/2019/11/04/what-is-the-effect-of-market-competition-on-corruption-some-surprising-new-findings/

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