Transparency International Belgium Banks and ethics Remuneration - - PowerPoint PPT Presentation

transparency international belgium banks and ethics
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Transparency International Belgium Banks and ethics Remuneration - - PowerPoint PPT Presentation

Transparency International Belgium Banks and ethics Remuneration Remuneration event organised with Belsif and Eurosif on 27 January 2010 in Brussels 1 1 Transparency International? Change towards a world free of corruption Promotion of


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Transparency International Belgium Banks and ethics Remuneration

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Remuneration event organised with Belsif and Eurosif

  • n 27 January 2010 in Brussels
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Transparency International?

Change towards a world free of corruption Promotion of ethics Global movement and world-wide network of national chapters in over 90 countries

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National Chapters around the world

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TI Tools

such as: Research National Integrity Studies (NIS) Global Corruption Report (GCR) Indices Corruption Perceptions Index Bribe Payers Index Global Corruption Barometer Business Business Principles and self-assessment tools Integrity Pacts (between business and government with civil society monitoring)

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The Belgian Chapter

  • Created in 1995
  • Reactivated in October 2008. Executive team
  • Action fields
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TI Belgium‘s Action Fields

1.Reduce corruption in politics “Transparency & Politics” inquiry and follow- up Financing of Political Parties in Belgium (GRECO) 2.Curb corruption in public contracting Training in Public Procurement for Belgian civil servants (OLAF)

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TI-Belgium‘s Action Fields

3.Enhance private sector anti-corruption standards “Banks & Ethics” academic think-tank, debates Follow-up of TRAC report 4.Monitoring of international conventions (UNCAC, OECD) 5.Education Raising awareness in schools about conflicts

  • f interests
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Banks & Ethics

Academic think-tank, debates, conferences, press releases Around ‘Soft corruption in the finance and banking sector’ ‘Can transparency save the banks?’ ‘ The deontology of bankers’ ’The variable pay of bank agents’

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Banks & Ethics

Why advocacy in this field Conflict between private gain and entrusted power (bank, client, society) Role for civil society

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Banks & Ethics

Remuneration paper by Eurosif and Eiris

TI-B: same line, slightly different focus Executive remuneration / bank agent‘s variable pay Variable pay / global performance reward Shareholders: independent from Board? Rules and sanctions Focus on sound risk management

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Thank you!

Stay informed: www.transparencybelgium.be