How can companies and their leaders contribute to the fight against corruption?
Increasingly, international organisations and governments are recognising the real cost of dirty money in the financial system: illicit financial outflows from poor countries dwarf aid and investment, ever-powerful criminal networks launder money through offshore havens, shell companies and secrecy jurisdictions facilitate massive tax evasion to the detriment of cash-strapped national budgets, to name a few. Each a driving force behind the global financial crisis.
This session will engage a multi-sector expert panel to critically reflect upon the current state of affairs in the world of money. Acknowledging the steps that banks, businesses, civil society and governments are taking to stem illicit flows, it will highlight what needs to be done to ensure that dirty money is rooted out from the global financial system.Watch the live stream here.