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Tuesday, October 23 • 4:30pm - 6:30pm
The Unintended Consequences of the Fight against Corruption

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This session will discuss the unintended consequences of corruption measures being experienced by financial institutions/intermediaries and CSOs, why they are important to address (if not, they can pave the way for deeper issues such as money flowing outside of the formal banking channels) and open the door to discuss ways in which this can be addressed.

Corruption is estimated to cost more than 5% of global GDP (US 2.6 trillion). Corruption undermines sustainable development, has a chilling effect on investment, damages the rule of law, and exacerbates inequality while enricheing dictators, traffickers and terrorists. Measures need to be taken to tackle this issue. Around the world civil society organisations (CSOs) play a crucial role in exposing corruption, revealing vested interests and holding the powerful to account when the rule of law fails. However, in our attempts to tackle corruption, sometimes more harm than good can be done. For instance, cracking down on online illicit funding should not undermine internet freedoms, strengthening financial regulation should not be at odds with the sustainable development agenda on financial inclusion, the costs of compliance should not shut out CSOs from access to funds. The very regulation designed to combat corruption should not emasculate the very institutions which seek to address it.




Speakers
avatar for Lia van Broekhoven

Lia van Broekhoven

Co-Founder and Executive Director, Human Security Collective
Lia is co-founder and executive director of Human Security Collective.Human Security is a foundation with a strong background in development, conflict transformation and security. www.hscollective.orgPrior to founding HSC Lia had worked since 1989 as researcher, policy advisor and development practitioner in a number of countries in Latin America, South and SE Asia, as well as in the UK and US, with UNFPA, FAO, Natural Resources Institute, World Bank and others. As policy advisor... Read More →
avatar for Michael Mapstone

Michael Mapstone

Charities Aid Foundation
Michael is responsible for leads CAF’s international work, which includes leading the CAF Global Alliance, an international network of organisations working to encourage effective philanthropy and support the development of an effective enabling environment for civil society. The... Read More →
avatar for Emile J. M. Van Der Does De Willebois

Emile J. M. Van Der Does De Willebois

Coordinator of the StAR Initiative, World Bank
Emile Van Der Does De Willebois is the coordinator for the Stolen Asset Recovery initiative (StAR). StAR is a joint World Bank/ UNODC initiative that aims to assist countries in the return of proceeds of corruption to their countries. Emile, a Dutch national, has been with the Bank... Read More →



Tuesday October 23, 2018 4:30pm - 6:30pm
Workshop Room 4
  • Organiser Charities Aid Foundation (CAF)

Attendees (65)