U4 Brief
| 2009
Profiting from corruption: The role and responsibility of financial institutions
Bergen: Chr. Michelsen Institute (U4 Brief 2009:31) 4 p.
How to cite this publication:
Robert Palmer (2009). Profiting from corruption: The role and responsibility of financial institutions. Bergen: Chr. Michelsen Institute (U4 Brief 2009:31)
This U4 Brief assesses how banks facilitate illicit capital flows from developing countries. The shortcomings of the existing regulatory frameworks are discussed, and recommendations are made for donor governments on what can be done to curb the flow of corrupt money out of the developing world.
