Australia’s top ASX-listed companies, government organisations and civil society organisations have joined forces to launch the country’s Bribery Prevention Network, aimed at supporting businesses to prevent, detect and address bribery and corruption. The Bribery Prevention Network brings together business, civil society, academic institutions, and government. Hosted by Global Compact Network Australia (GCNA) – the local Continue reading

The Australian Law Reform Commission has published the Final Report from its Review of Corporate Criminal Responsibility. The report makes wide-ranging recommendations for a significant recalibration of corporate criminal laws. Some significant recommendations include: Reserving criminal punishment for the most serious misconduct. Creating a single mechanism for holding companies criminally liable for misconduct by employees Continue reading

Transparency International Australia understands that any crisis can see an increase in bribery, corruption, fraud and misconduct, and the Covid-19 pandemic is no different. Disruption, uncertainty and distraction contribute to an environment in which corrupt actors can take advantage of a crisis for their own benefit. The dedicated landing page will keep you informed of Continue reading

The Commonwealth Fraud Prevention Centre, located within the Attorney-General’s Department, has launched a dedicated website on countering fraud: CounterFraud.gov.au. The website contains a range of tools, resources, and guidance materials designed to support Commonwealth entities to identify, prevent, and manage fraud. These resource will assist Commonwealth entities to: •   Learn what fraud is, why it’s a problem Continue reading

The UN Global Compact Virtual Leaders Summit featured a panel event called the Role of Bribery Prevention and Detection in building partnerships for the SDGs. Featured speakers included Tim Robinson, Chief Compliance Officer at BHP, Greg Hinds, Superintendent at the Australian Federal Police, Serena Lillywhite, CEO at Transparency International Australia and James Campbell, Partner at Continue reading

Transparency International Australia makes clear the case for strengthened anti-money laundering (AML) laws to stop criminals from profiteering though our financial institutions and the real estate sector. Continuous due diligence must be the bedrock of risk management. ‘Know your customer’ must reach new heights. This means understanding of the integrity, track record, and character of Continue reading