One important indicator companies use to assess a country’s corruption risk is the ranking the country is given by anti-corruption watchdog Transparency International (TI). TI’s latest report revealed some discouraging corruption numbers, though TI did note that there were more countries whose scores improved from 2014 to 2015 than those whose scores declined in that time. One development was the growing number of protests against corruption in 2015. “People across the globe sent a strong signal to those in power: it is time to tackle grand corruption,” TI’s Chair, José Ugaz, said. We analyze the new numbers. See also “How to Mitigate FCPA Risk Before and After an Acquisition” (Feb. 18, 2015).