OGP and SDGs / Crypto laundering crackdown / Malaysia asset recovery

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How to Get Beyond the Doom and Gloom: Align OGP with the Sustainable Development Goals (Blog).  “As a voluntary independent platform, OGP can help increase public awareness of the SDGs.  OGP can help nudge greater collaboration (including from donors) around the 16+ agenda, as is occurring with other SDG clusters, such as those around climate.”

Sarah Mendelson/Open Government Partnership: https://www.opengovpartnership.org/stories/how-to-get-beyond-the-doom-and-gloom-align-ogp-with-the-sustainable-development-goals/

 

Global money-laundering watchdog launches crackdown on cryptocurrencies.  Countries will be compelled to register and supervise cryptocurrency-related firms such as exchanges and custodians, which will have to carry out detailed checks on customers and report suspicious transactions, the Financial Action Task Force said in a statement.

John O’Donnell and Tom Wilson/Reuters: https://www.reuters.com/article/us-moneylaundering-crypto-fatf/global-money-laundering-watchdog-launches-crackdown-on-cryptocurrencies-idUSKCN1TM1I8

 

Malaysia moves to recover $65m stolen from scandal-hit state fund 1MDB.  The Malaysian Anti-Corruption Commission has launched civil forfeiture actions — which allow authorities to recover assets allegedly obtained through crime — against 41 entities and individuals; it is the country’s largest civil forfeiture action to date.

Business Day: https://www.businesslive.co.za/bd/world/asia/2019-06-21-malaysia-moves-to-recover-65m-stolen-from-scandal-hit-state-fund-1mdb/

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