Africa – China - UK

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The High-Level Panel (HLP) on Illicit Financial Flows (IFFs) from Africa held its first meeting since the pandemic began, from 21-25 February. "The meeting discussed the outcomes of the 4th meeting of the Consortium to Stem IFFs from Africa, the progress on national level responses to illicit flows in response to the 2015 AU Assembly Declaration, and the outcome of the 1st African Fiscal Policy Forum on inequalities in taxing rights." 

Independent Corrupt Practices & Other Related Offences Commission Newsletter: https://icpc.gov.ng/2022/02/28/annual-conference-of-the-high-level-panel-on-illicit-financial-flows-iffs-from-africa-convenes/ 

 

Chinese anti-corruption police detained more than 5,000 people accused of paying bribes last year. "In 2021, anti-corruption agencies in the country detained 5,006 people for giving bribes and transferred 2,822 to prosecutors for trial. The figures were included in a report made public by the Central Commission for Discipline Inspection, the Communist Party's top disciplinary watchdog, last week." 

South China Moring Post: https://www.scmp.com/news/china/politics/article/3168731/chinas-corruption-watchdog-moves-crackdown-bribe-givers 

 

UK Moves to Curb 'Dirty Money' for War in Ukraine. "Number 10 Downing Street, the home and office of the British Prime Minister, will introduce an economic crime bill to require overseas companies that control property and land in the U.K. to register with the government. The measure, which was originally introduced in 2018, was crafted to stop the 100 billion pounds ($134 billion) in illegal financing the U.K's Crime Agency estimates is channeled through the country annually." 

PYMNTS.COM: https://www.pymnts.com/healthcare-financing/2022/pymnts-intelligence-meeting-payment-challenges-telehealth/ 


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