Salient Issues in Income and Asset Disclosure Systems : Lessons Learned from the Field in Preventing Conflict of Interest and Combating Illicit Enrichment
Asset disclosure (AD) systems also referred to as financial disclosure or asset declarations can play two important roles within broader anticorruption efforts prevention and enforcement. On the prevention side, AD requirements can help bring to li...
| Main Authors: | , , , , , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2010/06/12778861/salient-issues-income-asset-disclosure-systems-lessons-learned-field-preventing-conflict-interest-combating-illicit-enrichment http://hdl.handle.net/10986/11083 |
| Summary: | Asset disclosure (AD) systems also
referred to as financial disclosure or asset declarations
can play two important roles within broader anticorruption
efforts prevention and enforcement. On the prevention side,
AD requirements can help bring to light conflict of interest
risks faced by public officials who file ADs, thereby
facilitating the avoidance of conflict of interest
situations. On the enforcement side, AD requirements can
provide one more source of information that may be used in
the investigation and prosecution of suspected illicit
enrichment cases, thereby aiding asset recovery efforts.
Effective collaboration, both domestically and
internationally, between policy makers and practitioners is
essential for such benefits to materialize. In an effort to
identify how best to design and implement an AD system, the
report recognizes that each country ultimately must design a
system that is tailored to the environment in which it will
function. As such, the study analyzes some of the tradeoffs
faced by policy makers and practitioners alike in designing
and implementing an optimal AD system in a particular
context. The report complements the Public Sector Governance
Group's development of AGI, which include a set of
indicators for both the legal framework and implementation
of AD systems. These indicators are available to World Bank
staff for monitoring and evaluating AD policies and
procedures and for engaging in dialogue with client
countries; they also are available to other interested
parties outside the Bank. |
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