A consideration of the scale of worldwide transactions tainted by corruption and international responses to the situation - following from the thought that the designation of December 9 each year as Global Anti-Corruption Day signifies that corruption has raeched alarming levels warranting the urgent attention of the world community. Article by Dr Dayanath Jaysuriya (Visiting Professor of Mercantile Law, University of the Free State, South Africa) published in Amicus Curiae – Journal of the Society for Advanced Legal Studies at the Institute of Advanced Legal Studies. The Journal is produced by SALS at the IALS (Institute of Advanced Legal Studies, School of Advanced Study, University of London).