Presentation on theme: "Measuring OECD Responses to Illicit Financial Flows from Developing Countries 6 th Meeting of National PCD Focal Points 13 June 2013."— Presentation transcript:
Measuring OECD Responses to Illicit Financial Flows from Developing Countries 6 th Meeting of National PCD Focal Points 13 June 2013
Measuring OECD Responses to IIlicit Financial Flows We are measuring policy and practice ‘effort’ by OECD countries in addressing illicit flows originating from the developing world. We are NOT measuring volumes of financial flows (estimates problematic but likely to outstrip aid). NOT saying anything about the RELATIVE importance of the various parts of the IFF landscape. Output : comparative report based on open source data, with recommendations.
Therefore, the focus of our report is on: Money Laundering: AML Standards Tax Evasion: Exchange of Information (to address tax havens) Bribery: Anti-Bribery Convention Stolen Assets: Asset Recovery Development Cooperation
Chapter 2: Money Laundering Average OECD Score on all 40 FATF Recommendations Beneficial ownership PEPs Regulation of DNFBPs Correspondent Banking CDD Sanctions High risk jurisdictions Regulation, Supervision, Monitoring