Stay ahead of corruption risks with BPN’s new video series for C-suite executives and senior leaders. Learn why proactive policies, training, and monitoring are key to reducing risk, how global laws still apply, and why leadership commitment sets the tone for an ethical culture. Discover the importance of risk assessments to prevent bribery and how Continue reading
News
2024 Corruption Perceptions Index released
Posted on February 11, 2025
Transparency International’s annual Corruption Perceptions Index (CPI) report released this week has put Australia in 10th place, scoring 77 points on the 100-point scale. Australia has increased its standing in the CPI, with a score of 77 on the 100-point scale, re-entering the top 10 for the first time since 2016.The score places Australia back in the Continue reading
Victorian man sentenced for false accounting over $3.4 million payments to foreign officials
Posted on February 11, 2025
“A Melbourne man has been sentenced today (11 February, 2025) for creating false accounts to disguise payments made to Malaysian public officials and their associates to facilitate the purchase of his property developments in 2013.” “He pleaded guilty to one count of dishonestly, and with a view to gain for another, falsifying a document made Continue reading
President Trump has issued an executive order to halt enforcement of the Foreign Corrupt Practices Act (FCPA).
Posted on February 11, 2025
“…the Foreign Corrupt Practices Act … has been systematically, and to a steadily increasing degree, stretched beyond proper bounds and abused in a manner that harms the interests of the United States. Current FCPA enforcement impedes the United States’ foreign policy objectives……American national security depends in substantial part on the United States and its companies gaining Continue reading
December 2024 update
Posted on December 22, 2024
As we reach the end of 2024, we thank you for your continued engagement with the Bribery Prevention Network, throughout a year notable for ongoing reform and developments in Australia’s integrity frameworks. Read our 2024 December Bulletin to stay up to date on news and resources from 2024. Get updates straight to your inbox by Continue reading
Public consultation on new AML/CTF Rules
Posted on December 11, 2024
On 29 November 2024, Parliament passed the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Amendment Bill, amending the AML/CTF Act 2006. The new laws reform Australia’s AML/CTF regime to ensure that we can more effectively deter, detect and disrupt crimes like money laundering, terrorism financing and proliferation financing. To support the reforms, AUSTRAC is updating the Anti-Money Laundering Continue reading
Recent posts
- 11/02/2025: 2024 Corruption Perceptions Index released
- 22/12/2024: December 2024 update
- 11/12/2024: Public consultation on new AML/CTF Rules
- 14/11/2024: Adequate Procedure Guide – Supporting Resources
- 13/11/2024: Adequate Procedure Guide – Supporting Resources