This Practice Note is a practical guide for practitioners and program officers in U.S. government agencies seeking to combat corruptionenabled transnational crime - with a focus on associated illicit financial flows. While providing guidance to individual officers, the Practice Note also offers recommendations for sharing information and know-how and increasing coordination within the U.S. interagency to maximize the impact of U.S. foreign assistance. It will be accessible and amenable to update and review as the JusTRAC+ Community of Practice on Addressing the Nexus of Corruption and Transnational Organized Crime (TOC) develops and shares new insights and strategies.
Over the past 20 years, the United States and like-minded governments have led the creation and implementation of key global standards to prevent and combat corruption, transnational crime, and illicit financial flows. This Practice Note aims, for the first time, to explain how the combined features of the global anticrime architecture apply to corruption-enabled transnational crime.
A critical objective is to identify and share best practices. Fortunately, there is now a global consensus on the optimal policies, laws, institutions, and procedures required to prevent and combat:
- Corruption: as embodied in the UN Convention against Corruption (UNCAC)
- Transnational organized crime: as set forth in the UN Convention against Transnational Organized Crime (UNTOC) and its Protocols, and
- Illicit financial flows and money laundering: as describedin the Financial Action Task Force (FATF) 40 Recommendations.
This Practice Note distils best practices that have emerged from the implementation of these international instruments, including in- field experience, to promote action against corruption and transnational crime.
The international conventions and recommendations, and their valuable implementation review mechanisms, provide a comprehensive set of strategies to design and implement programs to prevent and combat corruption-enabled transnational crime. Practitioners and program officers from different agencies and practice areas can now use the results of these review mechanisms, and analysis from government and civil society, to prevent and disrupt corruption-enabled transnational crime.