Whistleblowing in the financial industry: The right means to curb illicit flows from developing countries?

From:: Department for International Development
Published: 1 January 2011

Document Type:: Briefing
Theme:: Governance and Conflict
Authors:: Fontana, S., Ledergerber, Z.

Abstract

Information provided by insiders can contribute to the goal of reducing illicit capital flight from developing countries. It helps address one of the most difficult aspects in investigating such flows (the secrecy of the banking industry) and makes accepting illicit money a riskier endeavour for banks.

Citation

Ledergerber, Z.; Fontana, S. Whistleblowing in the financial industry: The right means to curb illicit flows from developing countries? U4 Anti-Corruption Resource Centre, CMI, Bergen, Norway (2011) 4 pp. [U4 Brief, March 2011:1]