Partnering Against Corruption Initiative - Annual Report 2010
2010 has been a remarkable year for the World Economic Forum’s Partnering Against Corruption Initiative (PACI) and its fight against corruption. There have been a number of important developments that will contribute to a more level playing field for businesses across industries and regions:
• The design and implementation of a review mechanism for the UN Convention Against Corruption, the only truly global legal instrument in the fight against corruption, took shape.
• The United Kingdom adopted a Bribery Bill, raising the bar for companies with extraterritorial provisions, going even further than the ones of the US Foreign Corrupt Practices Act.
• The G20 demonstrated strong leadership by stressing the important role of the private sector in fighting corruption and setting corruption as a priority for 2011.
Further details on the Partnering Against Corruption Initiative (PACI), it's history, achievements and outlook for 2011 can be found in this Annual Report.