“An improvement of four places from 14th to 10th in Transparency International’s (TI) Corruption Perceptions Index (CPI) is an opportunity for the UK to lead on global corruption at the Prime Minister’s forthcoming Anti-Corruption Summit in May – but carries the risk that if he fails to deliver, the UK will once again sink down the rankings. Transparency International has warned that to be a world-leader on anti-corruption efforts, the UK must also ensure its own house is in order. Measures should include:
- Strengthen the UK’s anti-money laundering defences – stop the UK being a safe haven for the corrupt.
- Clean up British politics – ensure proper standards of parliamentary integrity and improve regulation of lobbying, the revolving door and party funding.
- Improve transparency – introduce transparency over beneficial ownership of companies and property, both in the UK and in the Overseas Territories, and strengthen the Freedom of Information Act
- Effective law enforcement – ensure the Serious Fraud Office has sufficient resources to do the job…”