The United Kingdom published its first Anti-Corruption Strategy (2017-2022) on 11 December 2017 in fulfillment of its pledge made at the London Anti-Corruption Summit in May 2016. Most interesting for us at the International Centre for Collective Action is the UK Strategy’s commitment to support “strengthened business-led collective action to reduce corruption” that is tucked awa
At an event in London co-hosted by the Basel Institute on Governance and Chatham House on Monday 10 July 2017, panelists from Jersey, Kenya, Nigeria and the UK agreed that partnership, understanding each other’s systems and procedures, and informal communication between requesting and requested states is critical to successfully recover stolen public funds internationally.
Practitioners and policy makers from Africa and Europe met last week in Berlin, Germany, to discuss ways to further accelerate the success rate in recovering stolen assets. The event was organised by the German Ministry for Economic Cooperation and Development (BMZ) with support from the Basel Institute's International Centre for Asset Recovery (ICAR) and GIZ, and brought together representatives from Ethiopia, France, Germany, Jersey, Kenya, Norway, Switzerland, Tanzania, Tunisia, Uganda and the United Kingdom.
Switzerland is frequently accused of being reluctant to take thorough measures to fight money laundering. Both the Swiss authorities and the banks in Switzerland strongly reject such accusations. We are convinced that our anti-money laundering measures are best market practice.