In an annual non-event, last week Transparency International (TI) released its so-called Corruption Perceptions Index (CPI) (see here). The CPI scores 180 countries and territories by their perceived levels of public sector corruption, according to experts and business people. 100 is very clean and 0 is highly corrupt.
According to TI, the CPI 2019 “reveals a staggering number of countries are showing little to no improvement in tackling corruption.”
The CPI generates a lot of media coverage and is a popular tool for business organizations in ranking risk (and thus prioritizing compliance). However, for the reasons highlighted in this post compliance professionals should take the CPI with a grain of salt.