Theodore H. Moran holds the Marcus Wallenberg Chair at the School of Foreign Service in Georgetown University. He is the founder of the Landegger Program in International Business Diplomacy at the university and serves as director there. He is on the executive council of the McDonough School of Business at the university. Full BioNew Chinese Regulations Reflect Growing G-20 Appetite for AnticorruptionMarch 21, 2011By Ted Moran in Global Development Tags: China, corruptin, G-20The G-20 is not ordinarily considered a major player in the drive against corruption in international business transactions, but that may be changing. The Toronto Summit in June 2010 established a working group “to make comprehensive recommendations on how the G-20 can take practical steps to combat corruption.” During the Seoul Summit in November, a coalition of emerging market members of the working group (including Brazil, Argentina, South Africa, and Mexico) quietly joined with the United States to urge China to adopt an anti–foreign bribery law. Read More… 3 Comments »U.S. Policy Sparks Fireworks over Firm-Level Reporting at the Extractive Industry Transparency InitiativeMarch 10, 2011By Ted Moran in Global Development Tags: Extractive Industry Transparency InitiativeThere were surprise fireworks at the recent Extractive Industry Transparency Initiative (EITI) 5th Global Conference in Paris—fireworks that could have far-reaching implications for the movement to root out corruption associated with huge oil, gas and mining contracts. The EITI, you may recall, is a coalition of governments, companies, civil society groups, investors, and international organizations that supports improved governance in resource-rich countries through the verification and disclosure of company payments and government revenues from oil, gas, and mining. At issue: implications of a new U.S. policy – the Cardin-Lugar Transparency Provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act—requiring extractive industry companies registered with the U.S. Securities and Exchange Commission (SEC) to report all payments to all governments in their annual reports. Would this provision leave U.S. and other firms registered with the SEC at a competitive disadvantage? And if so, what should be done to level the playing field? Read More… Comment »For 10th Anniversary Of OECD Anti-Bribery Convention, Time To Close The LoopholesNovember 14, 2007By Ted Moran in Global Development, UncategorizedOn November 21, 2007, the Organization for Economic Cooperation and Development (OECD) will celebrate the 10th anniversary of the Anti-Bribery Convention. According to the OECD Web site, the celebration, organized by the Italian government and the OECD Working Group on Bribery, will:
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