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In August 2011, Transparency International’s G20 Advocacy Working Group sent a letter to the G20 Anti-Corruption Working Group asking them to address the four key priorities of implementing and enforcing anti-bribery laws; denial of safe haven for corrupt officials; implementation of legal framework to ensure asset recovery; and the effective enforcement of anti-money laundering regimes.
- Please find our checklist on progress made by governments here.
In August 2010 Transparency International (TI) updated its recommendations on the financial reform process to the Group of 20 following the Toronto Summit. Huguette Labelle, TI Chair, sent a letter to the G20 co-chairs to stress the importance of implementing strong anti-corruption measures at the G20 Seoul Summit in November to ensure a solid global financial system.
TI welcomed the strong language in the recent G20 statement on corruption, UNCAC, anti-bribery, stolen assets, and the concrete recommendations to be presented in Seoul, but stressed the need to mainstream the anti-corruption agenda in the G20 initiatives and to ensure domestic implementation.
Efforts towards better financial regulation remain uneven. Enhanced regulation and oversight has to be accompanied by full transparency through public reporting of findings of all oversight institutions. Loopholes in the current financial systems must be closed to prevent illicit financial flows and facilitate asset recovery; and corporate transparency has to be promoted in a more systematic manner: companies should systematically publish and implement anti-corruption measures.
Download the Recommendations to the Group of 20 here.
TI, CDM Watch and ETC call for the integration of transparency and mutual accountability mechanisms into climate finance and policy-making at the G20 meeting taking place from Nov 3-4 in Cannes
Letter to South African President Jacob Zuma as host of the United Nations Conference of the Parties on Climate Change 2011 (COP17)
13 October 2011
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TI calls on the G20 Anti-Corruption Working Group to address the four key priorities of implementing and enforcing anti-bribery laws
Letter to the G20 Anti-Corruption Working Group and Mr. Mochammad Jasin, Vice-Chair of the Corruption Eradication Commission in Indonesia.
25 August 2011
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>> Presionar aquí para la versión en español
TI calls on G8 to lead by example on key anti-corruption agenda items
Letter to French President Nicholas Sarkozy, ahead of G8 Summit in Deauville, France, May 26-27, 2011. 20 May 2011
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TI and Global Witness, together with 76 other organisations from around the world, have signed a letter to the Group of 20 leading economies calling for swift implementation of the G20’s Anti-Corruption Action Plan
Letter to G20 leaders 11 February 2011
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TI asks Group of 20 to follow through on anti-corruption commitments
Letter to G20 leaders 3 January 2011
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G20 Countries must implement anti-corruption reforms
Letter to Canadian PM Rt. Hon. Stephen Harper, Prime Minister of Canada and South Korean President Lee Myung-bak
26 August 2010
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TI calls for an emphasis on integrity in financial reforms
Letter to Korean President Lee Myung-bak and Canadian PM Stephen Harperas as G20 co-chairs of 2010
19 May 2010
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TI calls for the G20 to swiftly implement financial reforms
20 April, 2010
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Keeping transparency on the G20’s agenda
Letter to Korean President Lee Myung-bak and Canadian PM Stephen Harperas as G20 co-chairs of 2010
24 February, 2010
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G20 regulatory efforts must be transparent, include civil society
5 November, 2009
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G20 governance initiatives are laudable, yet largest stimulus in history requires transparency
1 April, 2009
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Time for transparency: the G20 and the financial crisis
Letter to UK PM Gordon Brown as host of the 2 April, 2009, London meeting
12 March, 2009
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One year since the onset of the financial crisis, tentative signs of economic recovery are emerging. Efforts to steer us onto the road towards economic growth have seen governments draw on unprecedented amounts of public money and the biggest corporate bail-outs in history. Meanwhile, the poorest countries have been hit hard, with experts warning of disastrous humanitarian consequences. Many will require concerted help to move beyond the global recession.
This global crisis has exposed not only a need to fundamentally rethink the functioning of the financial sector, but an alarming integrity deficit that is ultimately a root cause of the current situation. To prevent similar future crises and set the global community on a path to a sustainable growth that is to everyone’s benefit, this integrity deficit must be addressed.
Transparency International seeks to go beyond technical responses to the financial crisis, striving to cement transparency as the long-term driver of a more solid, responsible and sustainable financial model, which meets the challenges of our evolving global landscape.
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In August 2011, Transparency International’s G20 Advocacy Working Group sent a letter to the G20 Anti-Corruption Working Group asking them to address the four key priorities of implementing and enforcing anti-bribery laws; denial of safe haven for corrupt officials; implementation of legal framework to ensure asset recovery; and the effective enforcement of anti-money laundering regimes.
