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
News
Invitation to submit comments on a publicly available beneficial ownership register
Posted on November 16, 2022
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
Information that can assist in bribery risk assessment: Transparency International’s Exporting Corruption 2022 Report
Posted on November 10, 2022
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
Glencore sentenced to pay £281m on bribery charges
Posted on November 10, 2022
On 3 November 2022, the UK arm of commodities trading and resources 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
Australia’s Bribery Prevention Network featured in G20 Anti-Corruption Working Group Side Event
Posted on October 8, 2022
Preventing bribery requires strong partnerships between government, the private sector and civil society. Australia’s Bribery Prevention Network was recently featured in a side event on multi-stakeholder approaches to corruption prevention as part of the final meeting of the G20 Anti-Corruption Working Group in 2022 under Indonesia’s G20 presidency. Dean Mitchell (KPMG) and Cindy McNair (Allens) Continue reading
National Anti-Corruption Commission Bill introduced this week
Posted on September 28, 2022
The Commonwealth Government has introduced draft legislation into parliament this week to establish the National Anti-Corruption Commission (NACC). The NACC will have broad jurisdiction to investigate serious or systemic corruption across the Commonwealth public sector. This includes the power to investigate ministers, parliamentarians and their staff, statutory office holders, and employees and contractors of government Continue reading
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- 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