London Anti-corruption summit revisited
Transparency International recently released a recap of the May 2016 London anti-corruption summit.
43 countries, 600 commitments: Was the London Anti-Corruption Summit a success?
Overall Transparency International judged the Summit a success in promoting new and ambitious anti-corruption pledges on a comprehensive set of key issues in a wide range of countries. But the real verdict will only come when governments follow through and adopt the reforms that prevent corruption and prosecute corruption when it occurs.
Transparency International found that:
- More than half of all Summit commitments — 56 per cent - are concrete
- About a third — 33 per cent -- are new, that is, generated by the Summit
- About a third — 30 per cent -- are ambitious
TI’s media release is at 43 countries, 600 commitments: Was the London Anti-Corruption Summit a success? and the full report is here: Was it worth it? Assessing Government Promises at the 2016 Anti-Corruption Summit.
The main Summit documents are available at Anti-Corruption Summit: London 2016.
The Rt Hon John Key sent this essay to the Summit—"Prime Minister John Key: New Zealand: a culture of fair play"—that "New Zealand is uniquely placed to protect itself from corruption and to work with its neighbours to combat it in their countries."
He concluded: "As a country, we take great pride in our track record. But we know we must remain committed to ensuring that corruption does not gain a foothold, and open to views on how to prevent it. As a small part of an increasingly connected international community, we must be open to sharing our successes and our failures in order to stamp out corruption for good."
The New Zealand country statement outlined eight commitments made by New Zealand at the conference. In summary they are:
- International Sport Integrity Partnership: New Zealand will work with international sports bodies to develop a partnership for combating corruption in sport.
- Transparency and Integrity: New Zealand will continue and intensify efforts to develop procurement capability, including initiatives that safeguard integrity in the procurement process.
- Debarment Database: New Zealand will explore establishing an accessible and central database of companies with final convictions for bribery and corruption offences, and ways of sharing information on corrupt bidders across borders.
- UNCAC Implementation: New Zealand commits to working together to support efforts to implement United Nations Convention Against Corruption including the voluntary provisions.
- Denial of Entry: New Zealand will also, where appropriate under New Zealand law, deny entry to specific individuals who are identified as being involved in grand scale corruption.
- Public Register of Beneficial Owners: New Zealand commits to exploring the establishment a public central register of company beneficial ownership information.
- Access to International Law Enforcement: New Zealand will also continue to implement bilateral arrangements that will ensure law enforcement in one partner country has full and effective access to the beneficial ownership information of companies incorporated in the other partner country.
- Financial Action Task Force: New Zealand will also explore how to appropriately incorporate the FATF standards on preventing money laundering in the non-financial professional services sector into domestic legislation.
The infographic on the right displays the assessment of New Zealand's commitments.