Fighting Illicit Flows - A Collective Response | ADB Knowledge Event Repository

Event: International Anticorruption Day 2020 - Strengthening Governance Systems to Combat Illicit Financial Flows at a Time of COVID-19

Fighting Illicit Flows - A Collective Response

18 December 2020

Author / Speaker:

Lakshmi Kumar, Global Financial Integrity - Email the author | Other materials by the author

View Slides

Money laundering in the region is costing governments and economies billions, which could have been used for the development and social sector gains for its populations. Global Financial Integrity Policy Director Lakshmi Kumar discusses how much countries lose with illicit financial flows, and how strength of anti-money laundering institutions, transparency mechanism, and establishment of systems such as automatic exchange of information can help in the fight against corruption.

Type of Content:

Learning Event

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.