Search Results

Showing 61 - 70 of 84 results for "payments"

Publish What You Pay renews call for mandatory disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
... and large privately owned oil, gas, mining and logging companies to publish country by country and project by project payments over â,¬100,000 to governments wherever they operate. This brings the EU in line with the US Dodd-Frank Act section 1504 ...

EITI conference advocates for moving beyond transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAY 2013  |  NEWS
Transparent disclosure of payments made by extractive companies to the countries they operate is not an end goal, should be conflated with broader definitions of good governance, and needs to be communicated more effectively to a broader range of stakeholders. ...

Australia to consider country-level payment disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
The Australian government will consider whether mining companies should be made to disclose the payments they make on a country-by-country basis after evaluating the results of the Australian pilot of the Extractive Industries Transparency Initiative ...

Publish What You Pay reexamining extractive companies

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
... Pay (PWYP) Australia and CAER are surveying ASX200 listed extractives companies on their reporting standards regarding payments made to governments in the countries where they operate, and are seeking views of investors and analysts on the current reporting ...

KPMG: fraud costs Australian/NZ businesses $373 million

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
... high-risk for corruption, but 40% of those companies have no publicly stated policy that prohibits bribery or facilitation payments. "We find that there is a real attitude of, it can't happen to us because it hasn't happened to us," Gill said. "But it ...

OECD criticises low enforcement of foreign bribery law

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
... fine against companies engaging in foreign bribery, and an amendment to legislation that clarified that facilitation payments defence is limited to payments of minor value. "Awareness should continue to be raised about the difference between a bribe ...

ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
... pay for the 6 disclosed executives was US$65.5m or close to 2% of operating cash flow. Further, ACSI said termination payments are far beyond the Australian norm. ACSI also backs a shareholder resolution to eliminate NewsCorp's dual class share structure. ...

Transparency International publishes anti-corruption report

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUL 2012  |  NEWS
... disclosures, and in the process improving their anti-corruption systems." See Also: Publish What You Pay campaigns for payments transparency

Solomon Islands implement EITI payment disclosure standard

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2012  |  NEWS
... implement the global Extractive Industries Transparency Initiative Standard (EITI), meaning the government will disclose payments from its extractives sector. The Solomon Islands has established Solomon Islands Extractive Industries National Stakeholder ...

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
... that they have access to one simple financial product, usually a transaction account somewhere to receive Centrelink payments," Mooney said. "The research shows that were banks able to offer, or interested in offering, financial products and services ...