image

International Anti-Corruption Day

About International Anti-Corruption Day

Facebook IconLinkedIN Icon

When is International Anti-Corruption Day?

International Anti-Corruption Day is observed on December 9 every year since 2005 to raise awareness against the global issue.

The United Nations, which officially endorses International Anti-Corruption Day, says that this political, social and economic phenomenon slows down economic development, undermines the sanctity of democracy and adds to governmental instability.

The UN also lists corruption as one of the “biggest” hurdles to achieving its 2030 Sustainable Development Goals. It notes that although corruption exists in and affects both rich and poor nations, it hurts poor people disproportionately.

How did International Anti-Corruption Day come into place?

In October 2003, the United Nations General Assembly adopted the UN Convention against Corruption. After this, the United Nations Office on Drugs and Crime (UNODC) was designated as the secretariat for the Convention’s Conference of States Parties.

The assembly then designated December 9 as International Anti-Corruption Day.

What comes under corruption?

The UN convention overlooks at multiple forms of corruption including:

  • Embezzlement
  • Trading in influence
  • Abuse of functions
  • Bribery of foreign public officials, national public officials and officials of public international organisations

Aim

Apart from raising awareness against the crime, the aim of the day is also to actively support campaigns that combat and prevent corruption. Through this day, the UN also seeks to support international cooperation to fight against corruption.

Data Speaks

In 2018, UN Secretary-General António Guterres had said that the global cost of corruption is at least $2.6 trillion, which is 5 per cent of the global gross domestic product (GDP).

He highlighted that according to the World Bank, businesses and individuals pay more than $1 trillion in bribes every year.

Here are the latest news from Business Standard

Latest News

RCB vs LSG LIVE SCORE IPL 2026: Rasikh's 4-fer helps RCB restrict LSG to below par 146 in Bengaluru

The likely return of Mayank Yadav and Mohsin Khan could further bolster LSG's pace attack tonight.

Updated On: 15 Apr 2026 | 10:10 PM IST

China becomes India's top trade partner in FY26; deficit widens to $112 bn

India's exports to China rose 36.66 per cent to $19.47 billion during the last fiscal year, while imports increased 16 per cent to $131.63 billion

Updated On: 15 Apr 2026 | 10:10 PM IST

ICICI Lombard Q4 profit rises 7.3% to ₹546.6 crore on premium growth

Private insurer reports steady premium growth and higher investment income in Q4, while underwriting losses widen and combined ratio improves slightly

Updated On: 15 Apr 2026 | 10:09 PM IST

Luxury housing to face sharper impact from Hormuz blockade on imports

Developers stare at delayed imports of key materials, higher costs of imports and potential delay in construction timelines

Updated On: 15 Apr 2026 | 10:09 PM IST

Govt may ease norms for gaming companies, remove mandatory registration

Government is likely to relax gaming rules by removing mandatory registration for non-monetised games and easing compliance requirements ahead of new framework

Updated On: 15 Apr 2026 | 10:06 PM IST

Women's quota Bill faces hurdle as Opposition flags delimitation concerns

Opposition cries gerrymander as delimitation debate intensifies

Updated On: 15 Apr 2026 | 10:05 PM IST

Banking liquidity surplus stays above Rs 5 trillion for fifth day

Surplus liquidity in the banking system remained above Rs 5 trillion for the fifth straight day, supported by government spending and bond redemptions

Updated On: 15 Apr 2026 | 10:04 PM IST

Balanced advantage funds ramp up equity exposure as valuations ease

Net equity holding surges to multi-year high for multiple schemes

Updated On: 15 Apr 2026 | 10:03 PM IST

India's domestic urea production likely to jump over 11% in April

IPL tender receives urea import offers totalling 5.6 million tonnes

Updated On: 15 Apr 2026 | 10:03 PM IST

Govt rejects industry demand for gratuity relief under labour codes

Labour ministry has declined industry demand for grandfathering in gratuity rules, citing lack of provision in the original labour codes passed by Parliament

Updated On: 15 Apr 2026 | 10:01 PM IST

Panic booking of LPG cylinders recedes as deliveries exceed bookings

LPG bookings have declined sharply from peak levels as state-run OMCs ramp up deliveries, supported by higher production and measures to manage supply disruptions

Updated On: 15 Apr 2026 | 9:57 PM IST

Bayern Munich vs Real Madrid UCL QF 2nd leg live match time and streaming

Kylian Mbappe's late goal for Real madrid has ensured that the tie remains finely poised going into the 2nd leg.

Updated On: 15 Apr 2026 | 9:52 PM IST

ECB to warn banks about risks from Anthropic AI's new model, says report

Unlike in the US, this will be done via the ECB's regular dialogue with bank staff and no ad-hoc meeting with top management has been scheduled yet

Updated On: 15 Apr 2026 | 9:43 PM IST

Trump says Iran war near end as Pakistan army chief reaches Tehran

The diplomatic push came as US and Iranian officials weighed a return to Pakistan for further talks after negotiations there ended on Sunday without a breakthrough

Updated On: 15 Apr 2026 | 9:42 PM IST

SpiceJet leans on sovereign backing prospect in ₹144 cr deposit Maran case

Maran side calls it rehashed distress plea; court tests feasibility of asset sale

Updated On: 15 Apr 2026 | 9:32 PM IST

CBSE Class 10 pass percentage rises marginally to 93.70% in 2026 results

CBSE Class 10 results for 2025-26 show a marginal increase in pass percentage, with girls continuing to outperform boys, though the gap has narrowed slightly

Updated On: 15 Apr 2026 | 9:29 PM IST

LIC should have innovative campaigns, products for young people: DFS secy

DFS Secretary M Nagaraju urged LIC to strengthen digital capabilities and design products for younger customers to drive insurance adoption and engagement

Updated On: 15 Apr 2026 | 9:24 PM IST

Telcos, ISPs want property managers to bear connectivity infra costs

Telecom firms and ISPs have urged Trai to place responsibility for digital connectivity costs and building ratings on property managers, not service providers

Updated On: 15 Apr 2026 | 9:21 PM IST

HDB Financial Q4 profit rises 41.4% to ₹751 crore on steady growth

NBFC reports strong quarterly profit growth driven by higher income and stable loan book expansion, with asset quality showing a slight moderation

Updated On: 15 Apr 2026 | 9:19 PM IST

Govt to provide ₹10,000 cr support for cities under ₹1 trillion Urban Fund

Government allocates Rs 10,000 crore for capacity building and credit guarantees under Urban Challenge Fund to help cities access market financing

Updated On: 15 Apr 2026 | 9:10 PM IST