The G20 leaders wrapped up their two-day Summit on Saturday with a common commitment: the fight to stop corruption.
A joint declaration was issued after the Summit stressing the need to fight global corruption through practical international cooperation measures, and with technical assistance.
G20 members have committed to ensuring companies are also held liable in addition to individual perpetrators of the crime.
It is agreed by many G20 leaders that a public administration, acting against corruption, and supported by a culture of integrity, accountability and transparency not only fosters citizens' trust but can also affect the attractiveness of a country as a business location.
In a press release recently released by the European Commission:
We remain committed to fighting corruption, including through practical international cooperation and technical assistance, and will continue to fully implement the G20 Anti-Corruption Action Plan 2017-18. We endorse four sets of High Level Principles aimed at fostering integrity in the public and private sector. By endorsing the High Level Principles on the Liability of Legal Persons, we commit to ensuring that not only individual perpetrators but also companies benefitting from corruption can be held liable. We commit to organising our public administrations to be more resilient against corruption. We will intensify our fight against corruption related to illegal trade in wildlife and wildlife products. Wildlife trafficking is a threat to the planet's biodiversity, economic development, and, among others, health and security, and is facilitated by high levels of corruption, which the G20 cannot tolerate. We also endorse the High Level Principles on Countering Corruption in Customs and publish a guide on requesting international cooperation in civil and administrative proceedings. We will continue our work to address integrity in sports and urge international sports organisations to intensify their fight against corruption by achieving the highest global integrity and anti-corruption standards. In this respect, we strive for a common understanding regarding corruption risks in bids to host major sport events. We are also committed to fighting corruption in contracts, including in the natural resources sector. We call for ratification and implementation by all G20 members of the UN Convention against Corruption and for a strong involvement in its review process.
As mentioned above, the fight against corruption needs to happen with technical assistance.
With the levels of corruption evident in many societies, whistleblowing is relevant to all people and to all organizations. Most businesses and public bodies face the risk of illegal activity or of unintentionally sheltering corrupt individuals. If risks like this arise, those working within an organization are best placed and suited to report on wrongdoing.