Developing countries lose a massive volume of wealth through illicit financial flows (IFFs), presenting a major threat to their development. Initiatives to address IFFs exist at national, regional, and international levels but present several challenges. Collaboration is required across borders, to strengthen the integrity of the global financial system, encourage more transparency, and tackle international corruption and movement of illicit funds.

Saul Mullard

Senior Advisor (U4)

Recent CMI publications: