November 2014 (#193)


In this update:

  • G20 leaders make it harder for the world’s corrupt to hide

G20 leaders have taken a concrete step to make it harder for the world’s corrupt to hide, with the adoption in Brisbane of new G20 High Level Principles on Beneficial Ownership Transparency. It is a ‘high priority’ pledge.

 

New and Important Move by the G20 countries: Adoption of High Level Principles on Beneficial Ownership Disclosure

The G20 considers financial transparency, in particular the transparency of beneficial ownership of legal persons and arrangements, is a high priority.

 

First stage of the 2015-2016 Anti-Corruption Action Plan for the G20

Corruption continues to represent a significant threat to global growth and financial stability. To support the G20 growth and resilience agenda, the Anti-Corruption Working Group (ACWG) commits to focus its work on where it can best add value to existing international efforts to reduce corruption and enhance transparency.

 

Anti-Corruption Working Group (ACWG) Implementation Plan

Building on the G20 High-Level Principles on Corruption and Growth, the ACWG plans to ensure that the G20 anti-corruption agenda directly supports the G20’s core growth and resilience agenda, particularly by focusing on actions that enhance investment environments and support the G20 work on investment and infrastructure, tax, development and trade.

 

G20 Leaders’ Summit Communique

Raising global growth to deliver better living standards and quality jobs for people across the world is the highest priority. The commitment is to work in partnership to lift growth, boost economic resilience and strengthen global institutions.

 

 A date for your diary!

MELBOURNE, SYDNEY, PERTH & BRISBANE: 4 December – Launch of the TI Corruption Perception Index 2014: more information to follow.

 

TI Australia e-Update #193

November 2014

TI Australia is the Australian national chapter of Transparency International (TI), an international not-for-profit organisation devoted to curbing corruption worldwide. The TI Australia e-Update is a monthly update giving information on the fight against corruption in Australia and worldwide. Coloured and underlined text indicates a live internet link – click on the link to view the document.

 TI Australia does not necessarily endorse the views expressed in the materials linked to this e-Update; nor does it accept responsibility or liability for any loss, damage, cost or expense you might incur as a result of the use of, or reliance upon the materials which appear in the TI Australia e-Update.

 

Transparency International Australia

Email: tioz@transparency.org.au

Website: http://transparency.org.au/tia