Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

NZ needs to increase its efforts to fight foreign bribery

27 September, 2018


New Zealand needs to increase its efforts to fight foreign bribery

Just released report shows that New Zealand has made little progress since its 2015 ranking of "limited enforcement."

Transparency International's (TI) just released "Exporting Corruption - Progress report 2018" offers an independent assessment of states' efforts in fighting offshore bribery through their laws and enforcement systems under the Organisation for Economic Co-operation and Development (OECD) anti-bribery convention. The latest report rates New Zealand as a state with limited enforcement of overseas corruption, and shows little improvement since the previous progress report published in 2015.

"Although domestic corruption in New Zealand appears low, we really need to lift our game in the way we respond to the threat of international corruption," notes Professor John Hopkins, lead New Zealand author, commenting on behalf of Transparency International New Zealand (TINZ).

New Zealand has made progress with increased compliance and disclosure around trust ownership and has strengthened the regime for corporate liability for foreign bribery. However, Professor Hopkins notes, "We are still one of the countries that turn a blind eye to bribery where the person or organisation giving or receiving a bribe is not a New Zealander or a New Zealand owned business. In addition, New Zealand law continues to permit 'facilitation payments', a practice which undermines international good practice and our good name."

The latest report makes seven recommendations for New Zealand's improvement. These are:
1. Remove the facilitation payment exception for the bribery of foreign public officials
2. Improve whistleblower protection
3. Introduce requirements for auditors to disclose suspicions of foreign bribery
4. Establish comprehensive mechanisms to ensure transparency of New Zealand trusts and companies, such as public registers that include information on beneficial ownership
5. Fund and develop active investigation mechanisms
6. Remove the requirement that the Attorney General consent to foreign bribery prosecutions
7. Introduce a positive requirement for commercial organisations to prevent foreign bribery
"New Zealand needs to make sure our international approach lines up with our reputation as of the world's least corrupt countries. The combination of an excellent reputation coupled with lax enforcement of foreign bribery is an extremely dangerous one. Organised crime and corrupt entities may see New Zealand a soft target for legitimising their activities," concludes Professor Hopkins.


ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell : On Dealing With Impeccable, Impeachable Lies

By now, the end game the Republican Senate majority has in mind in their setting of the rules for the impeachment trial of Donald J. Trump is pretty clear to everyone: first deny the Democrats the ability to call witnesses and offer evidence, and then derisively dismiss the charges for lack of evidence. For his part, does former security adviser John Bolton really, really want to testify against his former boss? If there was any competing faction within the Republican Party, there might be some point for Bolton in doing so – but there isn’t. More>>

Published on Werewolf

 
 

WINZ Quarterly Report: More People Getting Into Work

The December quarter benefit numbers released today show the Government’s plan to get people off the benefit and into work is starting to pay off,” Social Development Minister Carmel Sepuloni said. More>>

ALSO:

Changing lives: Boost In Whānau Ora Funding

Whānau throughout New Zealand are set to benefit from an extra three million dollars that will go directly to Whānau Ora Commissioning Agencies, the Minister for Whānau Ora Peeni Henare announced today. More>>

ALSO:


PGF Kaikōura $10.88M: Boost In Tourism & Business

The Provincial Growth Fund (PGF) is investing $10.88 million to boost business and tourism opportunities in Kaikōura, Parliamentary Undersecretary for Regional Economic Development, Fletcher Tabuteau announced today. More>>

ALSO:

Whitebaiting: Govt Plans To Protect Announced

With several native whitebait species in decline the Minister of Conservation Eugenie Sage has today released proposals to standardise and improve management of whitebait across New Zealand. More>>

ALSO:


Education: Resource For Schools On Climate Change

New resource for schools to increase awareness and understanding of climate change... More>>

ALSO:

In Effect April: New Regulations For Local Medicinal Cannabis

Minister of Health Dr David Clark says new regulations will allow local cultivation and manufacture of medicinal cannabis products that will potentially help ease the pain of thousands of people. More>>

ALSO:


Gordon Campbell: On What An Inquiry Might Look Like

Presumably, if there is to be a ministerial inquiry (at the very least) into the Whakaari/White Island disaster, it will need to be a joint ministerial inquiry. That’s because the relevant areas of responsibility seem to be so deeply interwoven... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 


 

InfoPages News Channels