Folashade Adeyemo’s book targets reform in Africa’s banking sector
Nigeria’s banking regulation has remained a topical issue owing to the various challenges and episodes of bank failures the sector has experienced. In light of these challenges, there have been urgent calls to reform the Banks and Other Financial Institutions Act (BOFIA) 1991, as a result, in November 2020, President Muhammadu Buhari signed into law […]
Press Release: Financial Crime Regulation: A Global South Perspect
Press Release: Financial Crime Regulation: A Global South Perspective | August 2021 “Covid 19 has heightened the vulnerability and exposure of the Global South to Illicit Financial Flows (IFFs)” – Professor Akinkugbe The Global South Dialogue on Economic Crime (GSDEC)’s inaugural conference themed Financial Regulation: A Global South Perspective which held on the 21st of […]
Call for Evidence: Review of the UK’s AML/CFT Regulatory and Supervisory Regime
[pdf-embedder url=”https://gsdec.network/wp-content/uploads/2021/07/Call-for-Evidence.pdf” title=”Call for Evidence”] Call for Evidence: Review of the UK’s AML/CFT Regulatory and Supervisory Regime HM Treasury has published Call for Evidence: Review of the UK’s AML/CFT Regulatory and Supervisory Regime. This call for evidence covers a broad range of questions across the regulatory and supervisory regimes. It seeks views from industry, law […]
Anti-Corruption Resource Centre: Corruption in the Time of Covid-19: A Double-Threat for Low Income Countries
The U4 brief explores the impacts of the COVID-19 pandemic on low income countries. The brief notes the failure of many government parastatals including health, governance, recruitment and management, to deal appropriately with the pandemic owing to widespread corruption and lack of transparency in governance. It further highlights the importance of practicing strict regulatory procedures […]
Transparency International: Corruption Perception Index 2020 RESEARCH ANALYSIS
Research analysis on the Transparency International Corruption Perceptions Index examined the effect that corruption has on the capability of countries to respond to health and economic emergencies. The research analysis highlights the fact that corruption leaves countries in a weak state and unable to deal with crises as they should and that corruption effectively kills […]
World Justice Project: Policy Brief on Corruption and the COVID-19 Pandemic
The World Justice Project has released a policy brief that outlines the major corruption risks posed by the pandemic. According to the Policy Brief, corruption has always existed in every sector of every economy, especially the health sector. The COVID-19 pandemic has however brought some hitherto uncommon corrupt practices to the forefront. Across several countries, […]
Brazil: Government Shuts Down Anti-Corruption Agency
The Brazilian Government has shut down its Car Wash Anti-Corruption unit. The unit, which began as a routine investigation into money laundering activities of a car wash grew to become a major anti-corruption agency which successfully prosecuted business and political leaders, including former Presidents. In its seven years of operation, the unit was responsible for […]
Ghana: EU to remove Ghana from Blacklist
The European Union has revealed plans to remove Ghana from a list of 12 countries blacklisted for illicit financial flows, money laundering and terrorist financing. The EU had earlier announced in 2020 that Ghana had been placed on the blacklist, a decision that Ghana considered unfortunate since they had stepped up efforts in meeting up […]
Nigeria: Unexplained Wealth and Lifestyle Audit
Nigerians living above their means may soon be called upon to explain the sources of their wealth in a new ‘Lifestyle Audit’ proposed by the Federal Government of Nigeria. The proposed ‘Lifestyle Audit’ will be implemented by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). In addition to curbing corruption, the Lifestyle Audit […]