International Anti-Corruption Summit Fingerprint branding

Leaders' Statement

David Craig

President, Financial and Risk

Thomson Reuters

London, United Kingdom, Europe

Bio

David Craig, President, Financial & Risk. Thomson Reuters provides professionals with the intelligence, technology and human expertise they need to find trusted answers. We enable professionals in the financial and risk, legal, tax and accounting, intellectual property and science and media markets to make the decisions that matter most, all powered by the world's most trusted news organization. http://thomsonreuters.com/en.html

Statement

The use of technology to combat corruption

Sunlight is said to be the best of disinfectants; electric light the most efficient policeman.

The accomplished US jurist Louis Brandeis said this a century ago. Today he might have added that data, used properly, can illuminate even the darkest corners of society. At Thomson Reuters our commitment is to use our resources wherever we can to shine that light and to expose those corrupt practices which continue to infect global commerce.

We champion the use of data to combat corruption. We help companies to analyse their supply chains to assess the risks associated with every link. We help financial institutions perform vital Know Your Customer checks and analyse sanctions lists, and we help investors discover the ultimate beneficial owners of a company – the people behind the people who hold the shares.

We are working with organizations committed to combating slavery in supply chains to build a single information and intelligence platform which enables its users to spot the patterns in the data – to reveal links which might otherwise remain concealed, and to identify perpetrators who might otherwise continue to escape detection. It will turn some of the qualitative data gathered by campaigners in the field into hard, quantitative and searchable data.

And in Liberia, ranked by the World Bank as one of the world’s most difficult countries for property registration, we are working with authorities to help citizens take control of their land rights through technology and improving information. This is a critical time for leaders – an opportunity to ensure that technological advances are leveraged to create a more transparent world.

Thomson Reuters is committed to working with governments, businesses and civil society to cut corruption out of global commerce. Society demands this as a priority. Technology gives us the opportunity.

#anticorruption
More statements

We are grateful to all the authors and contributing organisations within this Manifesto and to the partner organisations that helped to convene this landmark collection of anti-corruption statements from across a wide range of business and civil society leaders. The partners for the Leaders' Anti-Corruption Manifesto are The B Team, Thomson Reuters, the Global Organisation of Parliamentarians Against Corruption, the ONE campaign and the Commonwealth Enterprise and Investment Council

This project is supported by a grant from the Omidyar Network.

© 2017 Transparency International UK. All rights reserved. Reproduction in whole or in parts is permitted, providing that full credit is given to Transparency International UK (TI-UK) and provided that any such reproduction, in whole or in parts, is not sold or incorporated in works that are sold. Written permission must be sought from Transparency International UK if any such reproduction would adapt or modify the original content

Every effort has been made to verify the accuracy of the information contained in this Manifesto. Nevertheless, Transparency International UK cannot accept responsibility for the consequences of its use for other purposes or in other contexts.