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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2023-02-03T17:10:00
Around the world, countries attempting to address their corruption issues are not making much progress, while countries failing to address corruption are worsening the problem, according to nonprofit organization Transparency International (TI).
The 2022 edition of TI’s annual Corruption Perceptions Index (CPI), released Tuesday, ranked 180 countries and territories by how the public perceives their levels of corruption, using a scale of zero (highly corrupt) to 100 (very clean). According to the 2022 report, the global average—at a score of 43 out of a possible 100 points—remained unchanged for the 11th year in a row. More than two-thirds of countries (68 percent) scored below 50.
“This year’s [CPI] reveals that 124 countries have stagnant corruption levels, while the number of countries in decline is increasing,” TI stated in a news release. “… Since 2012, 25 countries significantly improved their scores, but in the same period 31 countries significantly declined.”
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-07-12T12:36:00Z By Kyle Brasseur
The United States is one of few leaders in the anti-corruption enforcement space but still must reckon with its role as a top facilitator of financial crime, according to the executive director at the U.S. office of Transparency International.
2023-02-22T14:59:00Z By Neil Hodge
The European Commission published a collection of best practices from each European Union member state that companies and compliance officers might find useful to combat corruption.
2023-02-07T12:54:00Z By Aaron Nicodemus
Integrity Distributed has launched a collaborative research project seeking to develop anti-corruption detection technology that includes academic, technological, and corporate partners.
2024-06-03T18:48:00Z By Aaron Nicodemus
Swedish telecommunications giant Ericsson announced the conclusion of the independent compliance monitorship imposed on the company following its 2019 settlement for violations of the Foreign Corrupt Practices Act.
2024-04-04T00:41:00Z By Aaron Nicodemus
Former Albemarle CCO Andrew McBride explained at Compliance Week’s 2024 National Conference how he led the company’s compliance department to remediate the issues that led to apparent FCPA violations and how the team used data analytics to assess risks and implement compliance solutions.
2024-03-29T18:46:00Z By Jeff Dale
Swedish telecommunications company Ericsson announced its independent monitor appointed by the Department of Justice certified its compliance program satisfies the requirements ordered by the U.S. agency following its 2019 Foreign Corrupt Practices Act settlement.
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