Posts

Artificial intelligence in anti-corruption: opportunities and challenges

By Soo Jin SoFirst posted on the Global Anticorruption Blog Artificial intelligence (AI) tools, with their capacity to efficiently process and analyse vast amounts of data, have enormous potential to enhance anti-corruption efforts. Traditional investigative methods, which often require extensive manual review of financial records, contracts, and communications, can be time-consuming and prone to human Read more >

Comments invited on the 2024 Draft General Laws (AML/CTF) Amendment Bill

The draft General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Bill is currently available for written comment. National Treasury (NT) published the bill in mid-December 2024. Submissions in writing must be received by no later than 6 February 2025. ”The publication of the draft Amendment Bill aims to demonstrate South Africa’s commitment to strengthening 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 >

SA still on FATF grey list, has more work to do

In its latest update on South Africa’s progress in addressing shortcomings in its anti-money laundering/counter financing of terrorism (AML/CFT) regime, the Financial Action Task Force (FATF) noted that the country has made progress, but has yet to do enough to warrant its removal from the so-called grey list on which it was placed in late Read more >

Mdluli will finally answer in court to corruption charges

Corruption Watch has followed the Richard Mdluli case almost since the day the organisation launched. For years Mdluli, the former head of police crime intelligence, had evaded justice relating to charges of, among others, murder, attempted murder, and assault, and in a separate case, of corruption, fraud, and money-laundering. The former head of police crime Read more >