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AfDB Is Updating Its Anti-Money Laundering and Anti-Terrorist Financing Strategy - Official (Record no. 400)

000 -LEADER
fixed length control field 01482nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name AfDB
245 ## - TITLE STATEMENT
Title AfDB Is Updating Its Anti-Money Laundering and Anti-Terrorist Financing Strategy - Official
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Abidjan:
Name of publisher AfDB,
Year of publication 2015.
300 ## - PHYSICAL DESCRIPTION
Number of Pages 2p.
520 ## - SUMMARY, ETC.
Summary, etc The article tackles counter measures Africa need to adopt in order to reduce the effects of IFFs.Africa's abundance of natural resources (forestry, agriculture, minerals, oil and gas), offer a major opportunity to close the development gap. Addressing issues of governance, fighting corruption and promoting greater transparency and accountability across both public and private sectors is key to unlocking the full potential of the continent and ensuring the sustainability of its development. Countries which implemented governance reforms were performing better than non-reforming countries according to a study. There are calls for increased cooperation between African countries as well as a multidimensional approach and joint action between government departments, civil society and the private sector in order to effectively fight mismanagement and lack of transparency. This comes in the backdrop of the continent losing some USD 30.4 billion per annum, an amount mirroring what the continent receives in aid and foreign direct investment.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term NATURAL RESOURCES, CORRUPTION, CAPITAL FLIGHT, TRANSPARENCY
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/afdb_is_updating_its_anti.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type News Articles

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