Transparency International has released its annual Corruption Perceptions Index (CPI) for 2021, with Australia scoring its lowest result yet, ranking 18th in the world with a score of 73 out of 100. Since 2012, Australia’s score has dropped 12 points, and its rank in the global index has fallen 11 places (from 7th place in 2012). Of Continue reading

The December BPN Update is here, just in time for the holiday season. Find out the latest news and events from the BPN, and learn more about the Bribery Prevention Hub in our ‘spotlight’ on case studies. Read here. Continue reading

The Attorney-General’s Department has launched a revised version of its foreign bribery online learning module. This short interactive training module provides industry and government with information about Australia’s anti‑bribery regime including relevant laws and where they apply, what conduct can constitute a bribery and who is a foreign public official. The module also outlines steps Continue reading

The OECD has launched new guidance designed to assist countries and businesses in combating the bribery of foreign public officials. Launched on International Anti-Corruption Day, the 2021 Recommendation for Further Combating Bribery of Foreign Public Officials in International Business Transactions includes the revised Annex II Good Practice Guidance on Internal Controls, Ethics and Compliance which Continue reading

Company whistleblower policies are not meeting the relevant requirements – this is the key message from an ASIC select review of whistleblower policies from public companies, large proprietary companies and trustees of registrable superannuation entities (RSEs). ASIC is calling on CEOs of these entities to review and revise their whistleblower policies to ensure they comply Continue reading

Allens has published guidance to support Australian businesses following the passage of amendments to Australia’s autonomous sanctions framework. The amendments could result in the proliferation of Australian sanctions and more dispersed sanctions compliance risk for Australian businesses. These sanction – which will be applied as economic, financial and trade restrictions – will target serious corruption, serious Continue reading