Results for Development’s Post

The term "state capture" refers to the undue influence by powerful individuals or corporations in shaping the laws, policies, regulations and institutions of the state to their own advantage at the expense of society. 💸💰⚖️ Our latest blog from the R4D-led #GovernanceActionHub unpacks #statecapture and why it matters for challenging #corruption. 💡

🌐 International Anti-Corruption Day: Fostering Transparency and Integrity 🤝 Today, on International Anti-Corruption Day, let's unite in our commitment to build a world where transparency, accountability, and integrity prevail. Corruption remains a significant obstacle to economic and social development, undermining trust in institutions and hindering progress. 🔍 Key Actions for Anti-Corruption: Leadership Commitment: Foster a culture of integrity starting from the top. Leaders should exemplify ethical behavior and set high standards for the entire organization. Educate and Raise Awareness: Knowledge is a powerful tool. Regular training programs and awareness campaigns can empower employees to recognize and resist corrupt practices. Robust Policies and Procedures: Implement and enforce strong anti-corruption policies. Regularly review and update these policies to address evolving risks. Whistleblower Protection: Encourage a safe environment for reporting unethical behavior. Whistleblower protection mechanisms are crucial for creating trust and ensuring individuals can speak up without fear of retaliation. Partnerships and Collaboration: Collaborate with other organizations, government bodies, and civil society to share best practices and collectively combat corruption on a broader scale. 🌍 Together, We Can Make a Difference: Anti-corruption efforts are not limited to the corporate sector alone; they require a collective effort. By promoting a culture of integrity within our organizations and supporting global initiatives, we contribute to the broader goal of eradicating corruption. Let's celebrate International Anti-Corruption Day as a reminder of our shared responsibility to build a more just, equitable, and corruption-free world. Join the conversation by sharing your thoughts on how we can collectively address corruption and promote ethical practices. Together, we can make a lasting impact! #InternationalAntiCorruptionDay #EthicalBusiness #Transparency #IntegrityMatters #GlobalChange #er

See you in #vilnius at the #iacc2024? https://lnkd.in/e6xrTgEx. Premier global #anticorruption gathering for reformers, activists, officials, and experts. U.S. will be represented at high levels by the #statedepartment, #usaid, #whitehouse, #doj, and others, showing U.S. commitment to anti-corruption efforts and cooperation with #civilsociety for a #multistakeholder approach to #integrity. If so, check out this workshop, June 18 at 5 pm: Disabling the Enablers - "Transnational corruption would not exist without a cadre of professionals who – wittingly or unwittingly – help corrupt officials, kleptocrats, and criminals move, launder, and conceal ill-gotten gains through complicated financial transactions and instruments. By abandoning their fiduciary duties and instead facilitating corruption or other forms of illicit finance, these enablers in so-called “gatekeeper professions” cause tremendous harm to societies; their actions may deprive public resources from those in need, cause market distortions that harm citizens’ economic well-being, or help sustain authoritarian and anti-democratic regimes. So far, existing efforts to address the challenges posed by these gatekeepers have fallen short of mitigating their negative impact and have not yet forced a major change in the way they do business. In part, the complexity of defining “enablers” and “enabling activities” and dynamic nature of the risk profiles across jurisdictions have complicated regulatory and supervisory approaches, while challenges regarding information collection and analysis have made it difficult to assemble the full picture of how the enabler ecosystem functions. Creative thinking is needed to find new, effective, and scalable ways to tackle this important problem."

🚨Did you miss our recent #CoSP10 event hosted with @Integrity Initiatives International on how we could go about establishing an International Anti-Corruption Court to tackle global #corruption? ⚖️ 👀Don't worry! Watch a recording of our event here: #internationallaw #UnitedAgainstCorruption #UNCAC #UNCAC20 #globalgovernance #UN

International Anti-Corruption Day: Stand Up Against Immoral Practices Today (Sat, 9 Dec 2023), we commemorate International Anti-Corruption Day, a global initiative to raise awareness and promote action against corruption. Corruption's far-reaching consequences are undeniable. It diverts resources from essential services, delays innovation, and suppresses economic growth. For individuals, it undermines justice, perpetuates inequality, and erodes hope. Why Corruption Matters? 1. Financial Impact: Corruption inflates costs, reduces revenue, and increases the risk of financial losses. It also harms a company's creditworthiness and makes it challenging to secure financing. 2. Reputational Damage:  A company's involvement in corruption tarnishes its reputation and damages its brand. This can lead to customer boycotts, loss of investor confidence, and difficulty attracting and retaining top talent. 3. Legal Liability:  Individuals and organizations can face legal consequences for their role in corrupt activities. This includes fines, imprisonment, and damage to professional reputations. What We Can Do to Combat Corruption? 1. Embrace Transparency and Accountability 2. Implement Robust Internal Controls 3. Conduct Thorough Due Diligence 4. Educate and Empower Individuals 5. Support Whistleblower Protections We can create a more just and equitable world by eradicating corruption from our communities, businesses, and institutions. Let us stand united against this corrosive practice and foster a culture of integrity and accountability. On this International Anti-Corruption Day, let us restate our commitment to upholding the highest ethical standards and working together to build a corruption-free world. #corruption #ethics #accountability #transparency #justice #globalcooperation

On International Anti-Corruption Day, let's unite to erase the blight of corruption that undermines our society's foundations. It's time for action, for integrity, and for accountability. Each one of us holds the power to make a difference. #StopCorruption #AntiCorruptionDay #Integrity #C4Yourself a world of fairness and justice. [Join the global movement towards transparency and ethical governance. Together, we can build a better future!]

The effective fight against corruption should follow the Ten Principles of Fighting Corruption ( they are available at https://lnkd.in/e3nHPX-q ). By adhering to these principles, organizations and governments can create a robust framework for preventing, detecting, and combating corruption. It's crucial to recognize that fighting corruption is an ongoing process that requires commitment, transparency, and a strong ethical foundation at all levels of society and business. Let's embrace these principles to build a more accountable and corruption-free world. #AntiCorruption #Ethics #Governance #Accountability

Anti-corruption day. 09/12 - The day of the year to remember that all the others count. Take a look at this interesting video. #anticorruptionday #compliance #complianceofficers #Integrity

Uncover the spiritual solution to corruption! Explore how fostering self-awareness can lead to fair, just, and integrity-driven governance. Let's delve into societal change together! 🌟 #AntiCorruption #SpiritualEmpowerment #FairGovernance https://lnkd.in/dbquarH9