We support the position and recommendations outlined in the submission by Transparency International, on behalf of the TI movement.
Transparency International’s 2018 Exporting Corruption report found that out of 44 parties to the OECD Anti-Bribery Convention only seven countries are in the top active enforcement category and four are in the next moderate enforcement category. This report finds that while there appears to have been some improvement in enforcement, overall there has been little improvement since 2015.
Transparency International Australia supports the following recommendations, which have particular relevant to Australia:
1. Transparency of beneficial ownership of companies and trusts
2. Access to remedies for victims
3. Non-trial dispositions, including settlements
4. Facilitation payments
5. Enhance detection and reporting of foreign bribery by financial and non-financial professions subject to AML requirements
6. Transparency in public procurement
7. Strengthen whistleblower protection