Published: December, 2024
Authors: Jackie Harvey, Peter Sproat
Our evidence addresses the question: How should the FCDO take account of and mitigate potential inhibiting factors to investment (such as corruption, security, human rights abuses)? It is specifically focussed on the subject of corruption. Much of the global approach to AML and anti-corruption is predicated upon the formal banking system (as exist in the developed West) and the prevention of criminal access to it. Intervention measures also assume access to good quality and accurate data and formal methods of record keeping both by the financial sector and the law enforcement agencies.
