Posts

Illicit financial flows again in the spotlight

Image: International Monetary Fund The G20 Development Working Group (DWG) has released a document outlining its call to action for countries to adopt what it terms voluntary and non-binding high-level principles for combating illicit financial flows (IFFs). The DWG falls under the G20’s Sherpa track and is the key G20 forum for the discussion of Read more >

Where do illicit financial flows out of Africa go? TI follows the dirty money

Image: International Monetary Fund Illicit financial flows (IFFs) have been, and continue to be, a huge problem for developing countries, especially. They hinder countries’ ability to meet the UN sustainable development goals, because they undermine the fiscal systems which are in place to collect government revenue, and reduce the amount of funds available for development Read more >

First country ratifies the Asset Declaration Treaty

Image: Wikimedia Commons By Tilman HoppeFirst published on the Global Anticorruption Blog Requiring public official to disclose their assets, income, and other information about their personal finances can be an important tool for curbing corruption. The effectiveness of such a program depends crucially on the ability to verify the disclosures’ accuracy and in particular the Read more >

Enablers galore: the countries that contribute to illicit financial crimes

By Janine Erasmus – CW Voices In part one of our latest mini-series, we posed the question: who are the real corrupt countries in today’s globalised context? We considered factors such as beneficial ownership transparency, the implementation of the African Union Anti-Corruption Convention, and pan-African collaboration in anti-corruption research. The usual suspects such as Nigeria Read more >