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The world’s greatest forum for civil society, goverments and the private sector working together to fight corruption.

A preview of the agenda is found below. Please note that this is a draft agenda and subject to change. 

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Friday, December 2 • 16:30 - 18:30
Robbing the Poor: How to Stop Illicit Financial Flows from Developing Countries

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The continuous worldwide increase in cross-border illicit financial flows (IFFs) is extremely alarming. The urgency to take action has been re-emphasised by the revelations of the Panama Papers as well as the Bahama leaks. The movement of IFFs, whether related to corruption, tax evasion, terrorism or organized crime, concerns – and harms – both, developing and developed countries alike. However, the effects of IFFs are especially devastating for the developing world. International NGOs estimate that 1 trillion US$ illegally flows out of developing and emerging economies per year. The most immediate impact of IFFs is a reduction in domestically available expenditure and investment, resulting in nothing less but fewer hospitals, schools, and roads. The unhindered movement of illicit financial flows is a driver of crime, corruption and tax evasion. It aggravates injustice and impunity and leads to instability and poverty.

Corruption and illicit financial flows are related to each other in several ways. On the one hand, corruption is an immanent source of illicit financial flows. Fighting illicit financial flows also means fighting possibilities to hide the proceeds of corruption. On the other hand, corruption can also enable the generation, movement and laundering of IFFs by corrupting authorities or institutions responsible for law enforcement or tax administration. The publication of the Panama Papers has shown how the elites, the rich and the powerful worldwide hide their wealth from taxation, as well as from criminal investigation in case of embezzlement, corruption or other criminal activities.

This workshop aims at presenting and discussing measures and solutions to stop IFFs. It will take into account the national, regional and international perspective as well as possibilities for development cooperation. Representatives from Germany, developing countries, regional and/or international organizations and NGOs will discuss opportunities and challenges regarding beneficial ownership transparency, financial investigations, anti-money laundering, international cooperation in criminal matters and recovery of stolen assets.

Moderators
TK

Tom Keatinge

Director, Centre for Financial Crime and Security Studies, Royal United Services Institute (RUSI)

Speakers
DA

Dorcas Agik Odhong Oduor

Deputy Director, Office of the Director of Public Prosecutions
avatar for Elena Panfilova

Elena Panfilova

Vice Chair, Transparency International
Elena A. Panfilova is the chair of the Center for Anti-corruption Research and Initiative Transparency International, TI’s Russian chapter, which she founded in 1999. She served as its Executive Director until July 2014, when she became the Chapter’s Chair. She has been an academic, consultant and activist, held positions in the OECD and the Institute for Economy in Transition, and became a member of the Russian Governmental... Read More →
avatar for Cornelia Richter

Cornelia Richter

Managing Director, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Cornelia Richter was born in Stuttgart in 1954. She studied economics and social science at the University of Göttingen, where she also successfully completed a course in economic and social psychology. In 1979 she took a postgraduate course at the German Development Institute (DIE). Cornelia Richter began her professional career in 1980 as desk officer in the Planning and Research Division of the German Federal Ministry for Economic... Read More →
MF

Márcio F. Verdi

Executive Secretary, Inter-American Center for Tax Administration (CIAT)

Session Coordinator
avatar for Fabian Klemme

Fabian Klemme

Officer Responsible for Implementation, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)
Fabian Klemme is a German qualified lawyer specialized in public international law and human rights. He joined GIZ in 2012 working with the Anticorruption and Integrity Program. Since the launch of GIZ's Project "Combatting Illicit Financial Flows" in 2015 he is responsible for the projects activities in the fields of anti-money laundering, international cooperation in criminal matters and asset recovery as well as inter-agency cooperation... Read More →

Rapporteur
JW

Jörg Wisner

Head of Project, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)



Friday December 2, 2016 16:30 - 18:30
San Lorenzo

Attendees (34)