Topic guide on Illicit Financial Flows

Description

Topic guides are a series of publications developed by the Anti-Corruption Helpdesk on key corruption and anti-corruption issues. They provide an overview of the current anti-corruption debate and a list of the most up to date and relevant studies and resources on a given topic.

This topic guide aims to provide a comprehensive and updated overview of illicit financial flows (IFFs). It presents the most important international best practices in countering this phenomenon and highlights key-challenges and areas of intervention. The first section deals with the definition of the concept of IFFs and the conceptual debate around them. It also presents the definition along with the main trends and costs. The second part analyses the core strategies to fight IFFs and the principal difficulties in their implementation.

Content

1. Understanding illicit financial flows
2. Controlling illicit financial flows
3. Preventing money laundering
4. Limiting financial secrecy
5. Countering tax evasion and avoidance
6. Recovering stolen assets

Authors

Roberto Martínez B. Kukutschka, Transparency International

Agatino Camarda, Civil Forum for Asset Recovery

Lucia Cizmaziova, Civil Forum for Asset Recovery

Reviewers

Fabrizio Constantino, Transparency International

Maira Martini, Transparency International

Date

11/07/2019

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