Australia’s ‘Second Cycle’ report on implementation of UN Convention Against Corruption (UNCAC) obligations relating to corruption prevention and asset recovery has been published on the UN Office on Drugs and Crime (UNODC) website.  The review made 13 recommendations to strengthen Australia’s implementation of the UNCAC, including in relation to access to beneficial ownership and director Continue reading

The Bribery Prevention Network featured in the Australian Public Sector Anti-Corruption Conference 2022, held recently in Sydney. The Bribery Prevention Network was represented by James Campbell (Partner, Disputes and Investigations, Allens) alongside Gemma Aiolfi, Head of Compliance at the Basel Institute of Governance and Tim Robinson (Chief Compliance Officer, BHP), to share their insights about Continue reading

Nominations are now open for individuals from civil society, academia and the private sector to fill up to 9 positions on Australia’s Open Government Forum. The Forum will help develop, monitor and drive implementation of Australia’s National Action Plan and raise awareness about open government as part of the Open Government Partnership. The Open Government Continue reading

The Australian Government is seeking comments on the design features for the first phase of a publicly available beneficial ownership register. The Government has committed to introducing the register as part of its multinational tax integrity package. A ‘beneficial owner’ is a natural person who ultimately owns or controls an entity, legal vehicle, or asset. Continue reading

The deterrent effect of enforcement of foreign bribery laws is the subject of Transparency International’s Exporting Corruption series of reports. The level of foreign bribery law enforcement activity by jurisdiction is an important risk factor for companies that undertake business abroad to consider when conducting a bribery risk assessment. Companies operating internationally often must consider Continue reading

On 3 November 2022, the UK arm of commodities trading and mining company Glencore was sentenced in Southwark Crown Court to pay a total penalty of £281m, after pleading guilty in June to seven counts of bribery and failure to prevent bribery under the Bribery Act 2010 (UK). The penalty, which is the largest sum Continue reading