Accountability & Prevention of Corruption / China set to pre-empt financial frauds/ Police Persecution of Journalists and Anti-Corruption Activists in Myanmar

-

Accountability & Prevention of Corruption in the allocation and distribution of emergency economic rescue packages in the context & aftermath of the COVID-19 pandemic (Policy Brief). “In the context of the COVID-19 pandemic, it is important to be mindful that the purpose of the recent economic responses made by Member States are not intended to provoke economic stimulus activity, as would happen in times of cyclical recession, but rather, to prevent economic catastrophe and provide financial, medical and social support to the poor, the elderly, women and youth, people with disabilities, the unemployed, SMEs4 and those lacking access to social and public services”. 

 

 

 

After Luckin fiasco, China set to pre-empt financial frauds. “China is planning more stringent measures to safeguard investors from securities fraud, as the recent Luckin Coffee fiasco has drawn the attention of capital market regulators(…).The measures will be supported by the new Securities Law, with focus on tougher regulatory penalties, securities class action lawsuits, and easier restrictions on short selling.” 

 

 

 

Police Persecution of Journalists and Anti-Corruption Activists in Myanmar Must Stop (Press release). “Transparency International calls for the authorities in Myanmar to immediately cease their ongoing crackdown on anti-corruption activists and independent media outlets. The government must allow a safe environment for civil society organisations and independent media to publish objective and impartial information, which is especially vital during the current public health emergency.”  

 

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho
Read more