World Whistleblowers Day / Accural reporting for accountability / Case against high-denomination notes

-

World Whistleblowers Day 2021: speaking up against corruption is crucial for a just world, and we’re here to help (Statement).  “World Whistleblowers Day on 23 June is an occasion for us to celebrate the courageous individuals who come forward to report corruption…We’ll also keep on pushing for legal protection, so that whistleblowers can safely expose and help prevent corruption, ultimately building integrity across our societies.”

Transparency International: https://www.transparency.org/en/news/world-whistleblowers-day-2021-speaking-up-against-corruption-crucial-just-world-alacs-can-help  

 

Improving Accountability Around The World Through Accruals.  “Corruption and cronyism has been hitting headlines around the world off the back of dubious procurement practices and a loosening of scrutiny brought about by the emergency situation. In this context, transparent accounts that support good decision making, accountability, and public trust are more important than ever before.”

Rob Whiteman: https://www.forbes.com/sites/robwhiteman/2021/06/17/improving-accountability-around-the-world-through-accruals/?sh=55173d046da5  

 

The Case Against High-Denomination Bank Notes (Blog).  “While some high-denomination notes are held by governments and by people without access to the banking system, a significant proportion of these notes are used for unlawful activities like paying bribes, laundering money, and evading taxes…The good news is that relatively few countries issue problematically large notes. In fact, unified action by the G20 would include nearly all high-denomination notes, and there is a good chance that the remaining few issuers could be persuaded to join as well.”

Sam Magaram/The Global Anticorruption Blog: https://globalanticorruptionblog.com/2021/06/21/the-case-against-high-denomination-bank-notes/  

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