According to the OECD, “public procurement is the government activity most vulnerable to waste, mismanagement and corruption,” and over “half of foreign bribery cases occurred to obtain a public procurement contract.” Of course, discussion of corruption in public procurement has lately become hotly politicized in the US. But politics should not stop the integrity community from tackling this very real challenge.

Corruption is a key driver of extreme poverty and inequality throughout the world. While an exact figure remains elusive, the UN estimates that corruption costs $2.6 trillion annually, or 5% of the world's GDP. Corruption is also a destabilizing force that is frequently at the heart of global events.

Executive Director of the Financial Accountability and Corporate Transparency (FACT) Coalition Ian Gary has been clear about his view of the move by the US Treasury Department to weaken enforcement of the Corporate Transparency Act (CTA). Following a March 21 rule from Treasury’s Financial Crimes Enforcement Network, US companies and US owners of foreign companies – essentially 99.9 percent of covered entities – will no longer need to file beneficial ownership information wit

Depending on whom you ask, U.S. President Donald Trump’s Executive Order pausing enforcement of the Foreign Corrupt Practices Act is either the end of anti-corruption as we know it, or the beginning of a needed discussion about how the law is enforced. But lost in the hand-wringing and pish-poshing is perhaps the most important question for businesses: How will America’s competitors react?

I continue here my discussion with Transparency International-US Executive Director Gary Kalman. In the first of this two-part series, I cov

As part of my ongoing exploration of the shifting global landscape facing the anti-corruption community, I spoke recently with Transparency.