Prevention of Corrupt Practices and Illegal Transfer of Funds

A/RES/54/205View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, under agenda item 98b Business and development, published in 2000.

What subjects does this mandate have?

5 subjects

Bribery Corruption Illicit Funds Transfer International Commercial Transactions Laundering of Funds

What’s in this document?

5 operative paragraphs

Condemns corruption, bribery, money-laundering and the illegal transfer of funds;

Calls for further international and national measures to combat corrupt practices and bribery in international transactions and for international cooperation in support of these measures;

Also calls for, while recognizing the importance of national measures, increased international cooperation, inter alia, through the United Nations system, in devising ways and means of preventing and addressing illegal transfers, as well as in repatriating illegally transferred funds to their countries of origin, and calls upon all countries and entities concerned to cooperate in this regard;

Requests the international community to support the efforts of all countries aimed at strengthening institutional capacity for preventing corruption, bribery, money-laundering and the illegal transfer of funds;

Decides to keep this matter under review, and in this regard requests the Secretary-General, in consultation with Member States and relevant bodies of the United Nations system, to include in the report called for in its resolution 53/176, to be submitted at its fifty-fifth session, information on progress in the implementation of the present resolution and recommendations, inter alia, with regard to repatriating illegally transferred funds to their countries of origin.

Who adopted this document and its mandates?

What subjects does this mandate have?

What’s in this document?

Table of contents