Professionals against Corruption (PaC)

"Professionals against Corruption” (PaC) was formed in 2016 after the London Global Anti-Corruption summit. PaC was created to enable signatories of firms to work together cross-sectorally.

In April 2018, the collaboration between PaC and the IBE was launched, providing a secretariat and advice as well as bringing the wider benefits of IBE subscription to PaC’s members.

The PaC Steering Group coordinates the activities and it is formed by the designated leads of the working groups. Separate working groups cover specific issues.

Purpose:
- The primary focus of the group is to tackle corruption by promoting integrity, transparency and accountability through research, exploring innovative solutions and new technologies.
- The forum facilitates a means of sharing best practice and intends to provide a collaborative working environment.
- The group considers the societal view on issues affecting the sector and contribute to the ‘business in society’ debate.
- The group considers areas where regulation is currently weak or lagging behind expectations concerning the prevention of corruption in the professions.

Attendees:
- Participation in the group is limited to law firms, accounting firms and real estate firms.
- Participation in this group is limited to IBE supporters as one of the reasons for the group is to build trust among participants. Under exceptional circumstances, the group can unanimously agree to invite a non-IBE supporter to one of its meetings. 
- Expertise is called in from other sectors on a case-by-case basis.

Members:
- PwC
- Linklaters
- Savills
- BDO
- EY
- Norton Rose Fulbright
- Deloitte
- White & Case
- Knight Frank
- GT
- KPMG

- Mayer Brown

Meetings:
- The Steering Group meets a minimum of three times a year. The IBE's Director is also a member of PaC’s Steering Group.
- All members meetings are held a minimum of two times a year.

 

PROFESSIONAL SERVICES LEADERS’ STATEMENT OF SUPPORT FOR THE LONDON ANTI-CORRUPTION SUMMIT

Our organisations play important roles in the global economy and the operation of the world’s capital investment and real estate markets. As providers of professional services, we each take pride in the part we play in helping to strengthen trust within society, and we recognise our responsibility to carry out our work with due consideration of the public interest.
 
We deplore the damage caused to social progress and economic development by corruption. We are committed to play our part in efforts to prevent the proceeds of crime and corruption from entering legitimate capital and investment markets; the importance of this challenge has never been clearer.
 
We strive to comply with all national laws and regulations combatting corruption and money-laundering wherever we work and to apply the principles of a global approach when we work in those smaller markets where regulatory frameworks are less developed. We continue to develop our approach as we learn from experience, working on three fronts: systems, education and culture.
 
- We will maintain robust procedures when we take on new clients, in accordance with our legal, regulatory and professional obligations, and invest in effective systems to support these.
 
- We will prioritise education and training and support the wider work of our professional bodies, building awareness of the damage caused by corruption and the ways in which others may seek to abuse our professional services through money laundering.
 
- Above all, we will foster cultures across our professions that refuse to tolerate corruption in any of its forms.
 
More broadly, we support the continuing efforts of the G20 and others to tackle corruption and money laundering, and to encourage jurisdictions around the world to adopt laws and regulations that are consistent with globally agreed guidelines in this area such as those of the Financial Action Task Force and the OECD.
 
We now propose that our organisations work together to share experience, promote the codification of good practice, and in dialogue with government, regulators and professional bodies support their work addressing the practical limitations of the wider system we currently work within.
 
WIM DEJONGHE, SENIOR PARTNER, ALLEN & OVERY LLP
 
BEN TIDSWELL, CHAIRMAN, ASHURST LLP
 
PAUL RAWLINSON, MANAGING PARTNER, BAKER & MCKENZIE LLP
 
CHRIS PERRIN, EXECUTIVE PARTNER AND GENERAL COUNSEL, CLIFFORD CHANCE LLP
 
PENELOPE WARNE, SENIOR PARTNER, CMS CAMERON MCKENNA LLP
 
JEREMY COHEN, CHIEF EXECUTIVE, DENTONS UKMEA LLP
 
JUAN PICON, SENIOR PARTNER, DLA PIPER INTERNATIONAL LLP
 
MARK RIGOTTI AND SONYA LEYDECKER, JOINT CHIEF EXECUTIVES, HERBERT SMITH FREEHILLS LLP
 
NICHOLAS CHEFFINGS, CHAIR, HOGAN LOVELLS
 
ROBERT ELLIOTT, SENIOR PARTNER, LINKLATERS LLP
 
PETER MARTYR, GLOBAL CHIEF EXECUTIVE, NORTON ROSE FULBRIGHT
 
OLIVER BRETTLE, EXECUTIVE PARTNER, WHITE & CASE
 
DAVID CRUICKSHANK, GLOBAL CHAIRMAN, DELOITTE TOUCHE TOHMATSU LIMITED
 
MARK A WEINBERGER, GLOBAL CHAIRMAN AND CHIEF EXECUTIVE OFFICER, ERNST & YOUNG GLOBAL LIMITED
 
JOHN B VEIHMEYER, CHAIRMAN, KPMG INTERNATIONAL
 
DENNIS M NALLY, CHAIRMAN, PRICEWATERHOUSECOOPERS INTERNATIONAL LTD
 
SIMON MICHAELS, MANAGING PARTNER, BDO LLP
 
ED NUSBAUM, CHIEF EXECUTIVE OFFICER, GRANT THORNTON INTERNATIONAL LTD
 
PHIL VERITY, UK SENIOR PARTNER AND CO-CHIEF EXECUTIVE OFFICER, MAZARS GROUP
 
TYSON AVERY, CHIEF ETHICS AND COMPLIANCE OFFICER, CBRE GROUP INC
 
MARTIN SAMWORTH, CHIEF EXECUTIVE OFFICER EMEA, CBRE LTD
 
CHRIS IRELAND, UK CHAIRMAN, JLL UK AND EUROPE
 
JEREMY HELSBY, GROUP CHIEF EXECUTIVE OFFICER, SAVILLS PLC
 
ALISTAIR ELLIOTT, SENIOR PARTNER AND GROUP CHAIRMAN, KNIGHT FRANK LLP
 
CATHERINE SPITZER, CHIEF OPERATING OFFICER, BIDWELLS
 
GERRY HUGHES, CHIEF EXECUTIVE, BILFINGER GVA
 
TONY HORRELL, CHIEF EXECUTIVE OFFICER UK AND IRELAND, COLLIERS INTERNATIONAL
 
ALISON PLATT, CHIEF EXECUTIVE OFFICER, COUNTRYWIDE PLC
 
JOHN FORESTER, CHIEF EXECUTIVE OFFICER EMEA, CUSHMAN AND WAKEFIELD
 
SIMON PRICHARD, SENIOR PARTNER, GERALD EVE LLP
 
ANDY MARTIN, SENIOR PARTNER, STRUTT AND PARKER

 
Contact the Institute of Business Ethics