The Siemens Integrity Initiative is boosting the Basel Institute’s capacity to promote anti-corruption Collective Action with an additional USD 3.5 million in funding under its “Golden Stretch” round.
Money laundering risks evolve fast, as do the tools and data available to assess them. That is why the Basel AML Index – the Basel Institute’s flagship index of money laundering risks around the world – updates its methodology every year, following an in-depth review with a group of experts from diverse backgrounds.
Twenty-five practitioners from 12 countries gathered online on 29 June for the first virtual meeting of the new Knowledge Community on Asset Recovery in Latin America.
An initiative of the Basel Institute’s International Centre for Asset Recovery, the regional Knowledge Community provides a collaborative space for interaction between leading practitioners in the field of asset recovery and international judicial cooperation in criminal matters.
This quick guide explains how investigators and prosecutors can use Source and Application of Funds analysis to inform corruption and money laundering investigations and prosecutions and to generate evidence for use in court.
The method enables anti-corruption officers to build financial profiles of suspects by systematically calculating the amount of money that the suspect has accumulated and spent during a particular period, compared to their legal and known income.
How investigators and prosecutors can use Source and Application of Funds analysis to inform corruption and money laundering investigations and prosecutions and to generate evidence for use in court. A quick guide by the Training team of the International Centre for Asset Recovery.
“How could he afford that car on his salary?”
“Where did she get the money to buy those expensive clothes?”
At a Basel Institute-hosted webinar on illicit enrichment on 30 June 2021, practitioners from Uganda, Kenya and Mauritius agreed that illicit enrichment laws have significant potential to help their countries – and others – target corruption and recover stolen assets. But, they say, significant hurdles still need to be overcome, especially in transnational cases.
This Siemens Integrity Initiative Annual Report 2020 gives an overview of Collective Action activities at Siemens.
As of March 2, 2021, around USD 98,5 million has been committed to 77 projects in more than 40 countries under the Siemens Integrity Initiative First, Second and Third Funding Rounds.
This report contains details of the Collective Action Initiatives selected in the Siemens Integrity Initiative Third Funding Round and looks forward to the final phase of the initiative, the Golden Stretch Round.
A new short report on gendered corruption highlights the urgent need for more research and policy action on non-monetary corruption affecting women, such as sextortion and so-called double bribery.
Malawi has made impressive progress in tackling the illegal wildlife trade (IWT). It has strong legal instruments to deter wildlife traffickers and highly dedicated law enforcement officers to enforce them. What is less developed is the financial crime aspect of wildlife trafficking investigations.
This report offers an initial insight into the problem of gendered corruption, including sextortion and so-called double bribery, based on interviews with 19 businesswomen in Malawi. Part of a wider research project into procurement corruption, the interviews aimed to explore the extent of gendered corruption as a coercive form of social exchange, as well as the role of informal corrupt networks in magnifying gender-specific inequalities.