Transparency International published today their annual Corruption Perceptions Index. Norway maintains its ranking as the fourth least corrupt country in the world. The index's first 5 countries are the following:
- Denmark
- Finland
- New Zealand
- Norway
- Singapore
- Sweden
Transparency International describes the development in the index as follows:
"The 2022 Corruption Perceptions Index (CPI) shows that most countries are failing to stop corruption."
In addition, the following is highlighted:
"The global average remains unchanged for over a decade at just 43 out of 100. More than two-thirds of countries score below 50, while 26 countries have fallen to their lowest scores yet. Despite concerted efforts and hard -won gains by some, 155 countries have made no significant progress against corruption or have declined since 2012."
Fighting corruption requires targeted and dedicated work. Our experts at SANDS have extensive experience in assisting clients in this work. Feel free to contact our experts if your company has any questions or needs help with compliance work or to carry out further investigations.
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