Managing third party risk: Only as strong as your weakest link provides practical advice on addressing the challenges of managing third party bribery risk. Although aimed at larger companies, the content may also be helpful to small and medium enterprises (SMEs) as well as regulators, prosecuting agencies and professional advisers.

“The Fifth Column”, found that states most affected by corruption are very often victims of deep conflict. Seven of the ten lowest-scoring countries in Transparency International’s Corruption Perceptions Index were also amongst the ten least peaceful countries in the most recent Global Peace Index.

The Business Principles for Countering Bribery provide a framework for companies to develop comprehensive anti-bribery programmes. Whilst many large companies have no-bribes policies all too few implement these policies effectively.

Over a third of properties sold in a new Kensington and Chelsea development were purchased via anonymous companies or by buyers from states considered to be a high corruption risk, according to a new investigation by Transparency International UK.

An analysis of Land Registry data for 153 new homes in one development at 375 Kensington High Street found that more properties could be identified as being bought through companies based in the British Virgin Islands (19) – a known secrecy haven – than any other jurisdiction, including the United Kingdom (14).

Preventing corrupt money from being laundered into the UK must remain a key concern for the next government, particularly as it navigates a complicated Brexit process. Strong standards that are upheld through EU money laundering directives must be mirrored in domestic legislation. As the UK orientates to different priority markets for international trade, it has the opportunity to pursue inclusion of world-class anti-corruption provisions in any new trade agreements.