Transparency is increasingly becoming a norm in the corporate world.

However, meaningful disclosures, particularly around governance and anti-corruption, are limited.

After thorough analysis of the current transparency climate, Transparency International UK has developed Open Business. This report responds to the need for practical and implementable guidance on corporate anti-corruption disclosures, which recognises transparency dilemmas but is also aspirational. Having undertaken extensive research into the corporate transparency arena, this report seeks to fill the “guidance gap”’ by:

• demonstrating the business case for corporate governance and anti-corruption transparency
• identifying and providing guidance on disclosure across five areas that are at high-risk of corporate corruption
• offering responses to some of the legal challenges that might inhibit companies from disclosing information