U.N. Report Focus on Improving Accountability, Transparency and Good Governance
On March 2, 2020 the United Nations released a
Report on Financial Integrity For Sustainable Development (the “Report”). Although the Report is lengthy and wide-ranging, we will focus here on the portions of the Report which target the humanitarian toll of Illicit Financial Flows (IFFs) from money laundering, tax abuse, cross-border corruption, and transnational financial crime – all of which can drain resources from sustainable development, worsen inequality, fuel instability, undermine governance, and damage public trust. We also will focus on the portions of the Report which make recommendations designed to expand anti-money laundering (“AML”) compliance.
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Press Briefing on Launch of Financial Integrity for Sustainable Development Report by High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel)
Press Briefing on Launch of Financial Integrity for Sustainable Development Report by High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel) Preview Language: English 25-Feb-2021 00:23:45 Virtual Press Conference by Ibrahim Assane Mayaki, former Prime Minister of Niger and Dalia Grybauskaite, former President of Lithuania; on the launch of the Financial Integrity for Sustainable Development Report by the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel). Moderated by Francine Harrigan.
The United Nations
Financial integrity is “paramount to the success of the 2030 Agenda”, the President of the UN General Assembly said on Thursday, launching a new report that offers a blueprint to address a range of obstacles, particularly surrounding illicit finance flows.
“As an international community committed to addressing inequality and advancing sustainable development, we must put in place the very principles of transparency, sound governance, and accountability that we so often champion”, Volkan Bozkirsaid at the release of the Report of the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI).
U.N. Panel Recommends A Global Corporate Income Tax To Cut Down On Tax Avoidance via @forbeshttps://t.co/qPMQw66f9i