This paper attempts to clarify the links between illicit financial flows and corruption, and how corruption may be tackled by stemming such flows. ...

Tax revenue can help governments finance development and decrease reliance on foreign aid. But tax-motivated illicit financial flows – tax ...

The illicit financial flows (IFF) agenda has momentum, but weaknesses remain in its foundations, with the definition, measurement, and estimation of IFF, ...

Countries highly dependent on natural resources are among the most severely affected by the problem of illicit financial flows. Despite a lack of definite ...

Estimates of the size of illicit financial flows have been questioned because data used to measure the phenomenon is fraught with problems. However, such ...

Developing countries lose a massive volume of wealth through illicit financial flows (IFFs), presenting a major threat to their development. Initiatives ...

Combatting money laundering and flows of illicit finance is central to the global response to corruption. These are the means by which criminals enjoy ...

While once considered solely a concern of law enforcement agencies; money laundering, tax evasion and secrecy jurisdictions are now perceived as important ...

The transfer abroad of assets acquired through corruption deprives developing countries of their domestic resources. Asset recovery offers a path to repatriate ...

The relationship between anti-money laundering and anti-corruption strategies is a key issue for developing countries. Corruption and money laundering ...

The most common sources of illicit financial flows are tax evasion and money laundering. Countermeasures include institution building strategies, international ...

Information provided by insiders can contribute to the goal of reducing illicit capital flight from developing countries. It helps address one of the ...

The extractive industries sector is considered to be one of the most prone to illicit financial flows. To date, numerous instruments at the national, ...

Illicit financial flows (IFFs) have become a high profile issue in recent years. The Sustainable Development Goals include a target (16.4: significantly ...

Raymond Baker, Director of Global Financial Integrity and the author of Capitalism's Achilles Heel: Dirty Money and How to Renew the Free-Market System talks about the problems of illicit financial flows and the linkages between corruption, money laundering, and poverty.

This U4 Brief assesses how banks facilitate illicit capital flows from developing countries. The shortcomings of the existing regulatory frameworks are ...

The aim of the study is to: i) explore how and to what extent corruption, illicit financial flows and mismanagement of public financial resources damage ...

International financial centres are geared to provide optimal conditions for the financial services industry. They encourage activities that can improve ...

  Secrecy regulations and lacking transparency facilitate criminal activities because it hides away evidence. People who pay bribes, trade weapons, ...

In 2007, the Southern Africa Trust commissioned a study on the trends and impacts of changing aid policies and shifting financial flows to civil society ...