Myanmar corporate transparency / Samsung compliance review / Climate targets hindrance

-

Overall corporate transparency in Myanmar improves in 2020, report says.  "While corporate governance and transparency in Myanmar has improved for the private sector this year compared to 2019, conditions at State-Owned Economic Enterprises (SEE) have yet to make similar progress, according to the Pwint Thit Sa Report 2020 issued by the Myanmar Centre for Responsible Business (MCRB)."

Salai Tun Tun/Myanmar Times: https://www.mmtimes.com/news/overall-corporate-transparency-myanmar-improves-2020-report-says.html  

 

Samsung's compliance body receives 'constructive review'.  "Samsung's self-created compliance committee received a constructive review from a court advisory panel…[recognizing] its effectiveness as a watchdog in ensuring the country's top conglomerate abided by the law and improved group-wide management transparency.As the group's leader Lee Jae-yong is undergoing a high court re-hearing over a bribery scandal involving [the Republic of Korea's] jailed former president Park, it remains to be seen whether the group's efforts to be as transparent as possible will affect the ruling."

Baek Byung-yeul/The Korea Times: https://www.koreatimes.co.kr/www/tech/2020/12/133_301178.html  

 

Paris Agreement climate targets are being missed because of corruption (Blog).  "Governments, and international and multilateral organisations, are making a green recovery part of their plans for post-COVID-19. But in order to save the planet, corruption must be addressed, as the two are inextricably linked…[As] political interference and the undue influence of oil and gas companies weakens institutions and governance processes put in place to mitigate climate change. "

Brice Böhmer/Transparency International: https://www.transparency.org/en/blog/paris-agreement-climate-targets-corruption

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