Gopac calls on governments to up AML work

21 November 2008

Governments around the world need to step up their own anti-money laundering (AML) efforts while also engaging in regional and international cooperation to stem the flow of illegally-obtained cash, it has been claimed.

In the final communiqué from its three-day conference in Kuwait, the Global Organization of Parliamentarians Against Corruption (Gopac) said states need to improve their legislative and supervisory efforts in order to create higher standards of governance.

They must also accelerate the implementation of the United Nations' convention against corruption and improve coordination its office on drugs and crime in Vienna to ensure the AML fight has "good political leadership", the organization said.

Furthermore, the group called on the signatories of the convention against corruption to formally recognize the role of parliaments in fighting corruption and money laundering, as well as greater efforts in increasing the general understand of the negative impact these crimes can have.

Established in 2002, Gopac is an independent, non-profit network linking some 400 members worldwide. Its headquarters are in Ottawa, Canada.



Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development