Promotion of International Cooperation to Combat Illicit Financial Flows and Strengthen Good Practices on Assets Return to Foster Sustainable Development

A/RES/77/154View PDF

Who created this mandate?

A Resolution of the General Assembly, under agenda item 16dPromotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable development, published in 2022.

What other versions does this mandate have?

8 versions · 2018–2025

This is an older version — the most recent is A/RES/80/126

2025A/RES/80/126Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable developmentLatestCompare with previous version
2024A/RES/79/234Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable developmentCompare with previous version
2023A/RES/78/140Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable developmentCompare with previous version
2022A/RES/77/154Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable developmentCompare with previous version
2022A/RES/76/196Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable developmentCompare with previous version

Versions are identified automatically by matching titles within the same organ (~97% accuracy on a manual audit).

What subjects does this mandate have?

5 topics

Crime Prevention Criminal Assets Illicit Funds Transfer International Cooperation Sustainable Development

Which reports were submitted under this mandate?

1 report of the Secretary-General submitted under this mandate, 2023.

2023A/78/186International coordination and cooperation to combat illicit financial flows report of the Secretary-General

Identified automatically from the metadata in each report’s UN Digital Library catalogue record.

What does this mandate say?

41 operative paragraphs

Acknowledges that combating illicit financial flows contributes to domestic resource mobilization, which is essential to finance policies aiming to achieve the Sustainable Development Goals;

Takes note of the report of the Secretary-General;

Reiterates its commitment to financial integrity for sustainable development, through national efforts and international cooperation to combat illicit financial flows and promote good practices on assets return to foster sustainable development, including through existing relevant international frameworks, such as the United Nations Convention Against Corruption, while noting the ongoing work of the United Nations Office on Drugs and Crime, the United Nations Conference on Trade and Development and the Group of 20;

Reaffirms its commitment to strive to eliminate safe havens that create incentives for the transfer abroad of stolen assets and illicit financial flows;

Also reaffirms its commitment to strengthen regulatory frameworks at all levels in accordance with international standards and to further increase the transparency and accountability of financial institutions and the corporate sector, as well as public administrations;

Welcomes the ongoing efforts of Member States to enhance knowledge and broaden understanding of the challenges and opportunities involved in international cooperation to combat illicit financial flows and strengthen good practices on assets recovery and return consistent with the United Nations Convention against Corruption so as to foster sustainable development;

Acknowledges that combating illicit financial flows requires a range of actions that includes deterring, detecting, preventing and countering such flows in source, transit and destination countries;

Also acknowledges the need to combat illicit financial flows and strengthen good practices on assets return and recovery as one of the sources of financing for development in a broad range of areas, such as poverty eradication, food security, health, education, investment in social programmes or adaptation to climate change, and may contribute to improved sustainable development outcomes;

Recognizes that combating illicit financial flows requires a coordinated, whole-of-government approach and therefore encourages Member States to create domestic institutional mechanisms, including those related to digitalization or other appropriate measures to ensure information-sharing and whole-of-government coordination, in this regard invites those Member States willing to prepare integrated national financing frameworks to include plans for combating illicit financial flows, including through the transfer and sharing of data, where appropriate, and requests the Inter-Agency Task Force on Financing for Development to explore recommendations to assist Member States in incorporating financial integrity actions into their financing frameworks;

Notes that international cooperation in combating illicit financial flows is a work in progress that must continue to be pursued, and encourages all countries to develop effective tools and create a policy environment for combating illicit financial flows, in accordance with the existing relevant international frameworks, including the United Nations Convention against Corruption;

Recognizes that measures aimed at combating illicit financial flows often require cross-border cooperation between law enforcement agencies and that, where requested, technical assistance can also contribute to better international cooperation, and encourages Member States, where applicable and subject to their domestic legal systems, and in line with their treaty obligations, to cooperate and exchange information and best practices in this regard;

Encourages countries and relevant multilateral and international organizations to continue and strengthen their efforts to provide, upon request, technical assistance and capacity-building assistance to developing countries, as well as to support African and other regional initiatives, to prevent, detect and combat illicit financial flows and to strengthen good practices on assets recovery and return to foster sustainable development in line with the 2030 Agenda;

Urges Member States that have not yet done so to consider ratifying or acceding to the United Nations Convention against Corruption and the United Nations Convention against Transnational Organized Crime and the Protocols thereto, and urges States parties to those Conventions and Protocols to make efforts towards their effective implementation;

Reaffirms the need for Member States to effectively implement and enforce existing obligations under the United Nations Convention against Corruption, as a critical part of combating illicit financial flows;

Stresses that anti-corruption measures should be an integral part of national development policies and strategies and therefore invites countries developing integrated national financing frameworks to include anti-corruption components and standards therein, as appropriate, further stresses that all jurisdictions should consider undertaking further research, policy development and programming, as appropriate, to address corruption, and decides to deter, detect, prevent and counter corruption, increase transparency and promote good governance;

Encourages closer public-private sector collaboration to better tackle corruption, and stresses that further research, policy development and programming should help in reaching this goal;

Notes with concern that proceeds emanating from offences established under the United Nations Convention against Corruption have yet to be disposed of in favour of the requesting States parties, their prior legitimate owners and victims of the crimes and decides to deter, detect, prevent and counter corruption, increase transparency and promote good governance;

Encourages States parties to the United Nations Convention against Corruption to make full use of the asset recovery tools set forth in chapter V of the Convention, including mechanisms for the enforcement of foreign restraining and confiscation orders, as a means of significantly reducing the expenses that a State party may normally incur in pursuing asset recovery;

Calls upon all States parties to the United Nations Convention against Corruption, in particular requesting and requested States parties, to cooperate to recover the proceeds of crime as defined in the Convention, and to fulfil their obligation to ensure the return or disposal of such proceeds, in accordance with article 57 of the Convention, and invites States parties to give consideration to allocating any recovered resources to finance the achievement of the Sustainable Development Goals and to strengthening the implementation of existing multilateral legal instruments for the purpose of asset recovery and return;

Requests the United Nations Office on Drugs and Crime, in coordination with the Stolen Asset Recovery Initiative, to continue to expand global knowledge and data collection on asset recovery and return by gathering and sharing information on challenges and good practices, as well as on volumes of assets frozen, seized, confiscated and returned in relation to corruption offences, and the number and types of cases, as appropriate, while ensuring the protection of personal data and privacy rights, drawing upon existing efforts, within existing resources;

Stresses that efforts in international tax cooperation should be universal in approach and scope and fully take into account the different needs and capacities of all countries, in particular the least developed countries, landlocked developing countries, small island developing States and African countries;

Encourages further efforts by relevant national and international actors to mitigate transfer pricing not in line with the arm’s length principle and trade misinvoicing;

Calls upon all countries to work together to eliminate base erosion and profit shifting and to ensure that all companies, including multinationals, pay taxes to the Governments of countries where economic activity occurs and value is created, in accordance with national and international laws and policies;

Also calls upon all countries to cooperate, in accordance with applicable bilateral or multilateral agreements, in the areas of mutual legal assistance, administrative assistance and the exchange of information in tax matters, as well as the automatic exchange of financial account information;

Invites signatories to bilateral or multilateral tax transparency agreements to consider allowing information exchanged pursuant to those agreements to be used where permitted under such agreements and when written consent is provided, having regard to confidentiality and domestic law limitations;

Invites the Economic and Social Council to update and strengthen the United Nations code of conduct on cooperation in combating international tax evasion in response to new international agreements and to emphasize the importance of developing countries being able to benefit from international tax cooperation;

Recognizes the importance of the consideration of international tax cooperation at the United Nations, in that regard takes note with appreciation of the work of the Committee of Experts on International Cooperation in Tax Matters, and invites the Economic and Social Council to explore options to strengthen the role of the Committee while giving due consideration to the need that efforts in international tax cooperation should be universal in approach and scope;

Takes note of the ongoing work on the implementation of the Organisation for Economic Co-operation and Development/Group of 20 two-pillar solution to address the tax challenges arising from the digitalization of the economy, acknowledges the need for a careful analysis of the implications for developing countries, and encourages a special focus on their unique needs and capacities;

Notes the analysis, in the Financing for Sustainable Development Report 2022, the Trade and Development Report 2021 of the United Nations Conference on Trade and Development and World Economic Situation and Prospects 2022 of the Department of Economic and Social Affairs of the Secretariat, of the Organisation for Economic Co-operation and Development/Group of 20 two-pillar solution, and calls for inclusive discussions to address the uncertainties and implications for developing countries, including their capacity-building needs;

Recalls that new technologies can both increase efficiency in revenue collection and strengthen the efforts to combat illicit financial flows, expresses concern that virtual assets are being used for illicit activities, and in this regard encourages Member States and other relevant organizations to take measures in line with international standards, where applicable, to prevent and counter their illicit use;

Notes that various jurisdictions have introduced mechanisms to increase beneficial ownership transparency, including beneficial ownership registries of legal entities and legal arrangements, such as companies, trusts and limited liability partnerships, encourages all jurisdictions to consider establishing appropriate mechanisms through either a registry of beneficial ownership or an alternative mechanism, in line with domestic law and applicable international standards, and encourages Member States to facilitate the rapid, constructive and effective exchange of adequate and accurate beneficial ownership information;

Also notes that a wide variety of individuals and entities are involved in the transactions that comprise an illicit financial flow, recognizes the need to consider appropriate business regulatory policies, taking into account national circumstances, and in this regard invites the Department of Economic and Social Affairs, the United Nations Office on Drugs and Crime and the United Nations Conference on Trade and Development to jointly prepare a global mapping of existing standards and guidelines, in consultation with all relevant stakeholders, taking into account national circumstances, and to submit these to the Economic and Social Council for intergovernmental discussion;

Recognizes the significant progress and availability of concepts and tested methods to measure illicit financial flows, notes the outcomes of pilot studies across three continents showing that measurement of these flows is possible, while challenging, and requires strengthened support, and calls for increased transparency and the strengthening of efforts to enhance the capacity of national authorities for data collection and analysis to combat illicit financial flows with more informed and targeted policy efforts, emphasizing the need to strengthen national capacity to measure illicit financial flows in the context of the 2030 Agenda for Sustainable Development and increase the exchange of data within national government institutions as well as from international institutions;

Invites the United Nations Office on Drugs and Crime and the United Nations Conference on Trade and Development as custodian agencies of Sustainable Development Goal indicator 16.4.1 on the total value of inward and outward illicit financial flows, in consultation with other institutions, to leverage and continue developing concepts and refine methods developed to date and to provide stronger support to national authorities, and invites all Member States to engage with the custodian agencies towards reporting data on the indicator;

Invites all institutions involved in measuring and reporting on illicit financial flows to use the statistical concepts and methods to estimate illicit financial flows, and encourages all Member States to report on Sustainable Development Goal indicator 16.4.1, using the methodology adopted by the Statistical Commission, and calls upon the United Nations system entities, international organizations and donors to work in coordination with the custodian agencies to train national statistical offices and other entities in charge of reporting on illicit financial flows on these agreed methods;

Invites the President of the General Assembly, the President of the Economic and Social Council and the Secretary-General to give appropriate consideration to the importance of combating illicit financial flows and strengthening good practices on assets return to foster sustainable development, calls upon the relevant organizations of the United Nations system, within their respective mandates and resources, to continue their consideration of the negative impact of illicit financial flows on financing the 2030 Agenda for Sustainable Development based on its indicator 16.4.1 and to coordinate their efforts to further explore policy responses to the phenomenon, and in this regard invites all other relevant international institutions to support these efforts, in accordance with their respective mandates;

Reaffirms the commitment at the very heart of the 2030 Agenda to leave no one behind and commit to taking more tangible steps to support people in vulnerable situations and the most vulnerable countries and to reach the furthest behind first;

Calls upon the Economic and Social Council to enhance, within existing mandates, policy recommendations for combating illicit financial flows, involving all the relevant institutions and using existing bodies, to review progress on financial integrity issues, to scale up efforts to provide data on indicator 16.4.1, as well as to foster the implementation of existing intergovernmental agreements to address illicit financial flows;

Looks forward to the inclusion, in the 2023 report of the Inter-Agency Task Force on Financing for Development, of an analysis of international cooperation to combat illicit financial flows and strengthen good practices on assets recovery and return to foster sustainable development, pursuant to the mandate of the Task Force, and also looks forward to the deliberations of the Economic and Social Council forum on financing for development follow-up on efforts to combat illicit financial flows;

Requests the Secretary-General to submit to the General Assembly at its seventy-eighth session a report, within existing resources, in relation to progress made on combating illicit financial flows and the implementation of assets return and recovery based on existing mechanisms, and to elaborate on strengthening international coordination in this regard, and requests the United Nations Conference on Trade and Development and the United Nations Office on Drugs and Crime to inform the General Assembly at its seventy-eighth session about the implementation of the present resolution, through a dedicated section of the Sustainable Development Goals Pulse report, elaborating in particular on the progress in testing, refining and applying the methodology to report on indicator 16.4.1, and the need to combat illicit financial flows and recover and return stolen assets in line with commitments contained in the Addis Ababa Action Agenda of the Third International Conference on Financing for Development and the 2030 Agenda for Sustainable Development, in the context of the COVID-19 pandemic;

Decides to include in the provisional agenda of its seventy-eighth session, under the item entitled “Macroeconomic policy questions”, the sub-item entitled “Promotion of international cooperation to combat illicit financial flows and strengthen good practices on assets return to foster sustainable development”.

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Who created this mandate?

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What does this mandate say?

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