The 11th Regional Seminar of the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific was held in Hanoi on October 24, focusing on measures of illicit flows tracking, asset disclosure and reclamation.
During the event, co-hosted by the Government Inspectorate of Vietnam, 30 regional economies agreed to strengthen asset disclosure systems, fight the use of financial systems for corruption purposes and ensure the track and recovery of corrupted assets.
Participants at the seminar proposed solutions to prevent and fight corruption, including the building of comprehensive and effective asset disclosure systems, and the simplification of administration and legal procedures.
They said that it is necessary to strengthen information exchange and domestic and international cooperation in the investigation of corruption.
Established in 1999, the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific aims to assist regional governments to meet international standards of preventing and fighting corruption.-VNA
During the event, co-hosted by the Government Inspectorate of Vietnam, 30 regional economies agreed to strengthen asset disclosure systems, fight the use of financial systems for corruption purposes and ensure the track and recovery of corrupted assets.
Participants at the seminar proposed solutions to prevent and fight corruption, including the building of comprehensive and effective asset disclosure systems, and the simplification of administration and legal procedures.
They said that it is necessary to strengthen information exchange and domestic and international cooperation in the investigation of corruption.
Established in 1999, the ADB/OECD Anti-Corruption Initiative for Asia and the Pacific aims to assist regional governments to meet international standards of preventing and fighting corruption.-VNA
