Annabel Reoch, UK head of anti-bribery and corruption at KPMG, comments on the creation of the new International Anti-corruption Coordination Centre.
Annabel Reoch, UK head of anti-bribery and corruption at KPMG, comments on the creation of the new International Anti-corruption Coordination Centre, which will be based in London:
“We are seeing a rise in large complex bribery cases, with corrupt officials and criminal enablers across the world joining forces to accomplish their goal. It is essential law enforcement agencies mirror this level of cooperation and the Anti-Corruption Coordination Centre will play a vital role to achieve this. Its remit will enable it to coordinate and facilitate the exchange of information across country borders, leading to greater transparency and targeting those who hide behind geographical anonymity to commit crimes.
“Given the sheer scale of the task ahead and the geographical remit the centre will be expected to cover, its success will be dependent on the funding and inter government support it receives. The more countries that take part, the more effective the initiative will be in identifying trends and sharing intelligence to stop corruption in its tracks. It will also play a crucial role in returning the proceeds of illicit conduct to the people of the countries who have been affected.”
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