Corruption has long been recognized as one of the most significant barriers to socio-economic growth worldwide, with the developing world being particularly hard hit. The situation has only become worse as a result of the coronavirus crisis.… Continue Reading
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.… Continue Reading
Last month the international business community, in the form of the business B20 group, put out a call for G20 nations to develop national-level anti-corruption strategies (June 22, 2018, B20 and C20 joint statement on implementation of national anti-corruption strategies).… Continue Reading
Dr. Klaus Moosmayer: The private sector can and must make a difference in the fight against corruption
On May 23rd, the President of the General Assembly of the United Nations held a high-level debate in the General Assembly to mark the fifteenth anniversary of the Assembly’s adoption of the United Nations Convention against Corruption.… Continue Reading
Canada has emerged as one of the cryptocurrency and blockchain centers of the world. Canada’s dominance in blockchain innovation stems in part from Toronto being home to Vitalik Buterin, the inventor of Ethereum Blockchain, which is the globally most adopted platform that supports ether (ETH), the second highest cryptocurrency valued at $63 billion. … Continue Reading
Global concerns about corruption are on the rise. This year alone, we have seen massive anti-corruption protests in Slovakia, South Korea, Romania and Russia.
This is not surprising as corruption underpins many of the world’s issues and it is against this background that the G20 leaders will meet on July 7-8 in Germany.… Continue Reading
The B20 stands for “Business 20.” It is the voice of global business in the political discussions held by the Governments of the twenty, economically strongest developing and developed, countries, the “G20.”… Continue Reading
So the G20 leaders meeting in Brisbane is over, and despite the usual distractions in the media from the world of high politics, they managed to stick to their agenda of economic and financial reform for growth.… Continue Reading
Transparency International signed a letter with prominent prosecutors and corruption hunters addressing G8 leaders on the urgency to curb money laundering.
Dear G20 leaders,
When a global financial system allows billions of dollars of corrupt or stolen money to flow unchecked around the globe, something is wrong.… Continue Reading
The Group of 20 members represent around 85 per cent of the world’s gross domestic product, over 75 per cent of global trade, and two-thirds of the world’s population.