In news
Union Minister Dr. Jitendra Singh addresses the 1stever Ministerial Meeting of G-20 Anti-Corruption Working Group
About G-20 Anti-Corruption Working Group
- In June 2010 at the Toronto Summit, the G20 Anti-Corruption Working Group’s (ACWG) was set up.
- Its primary goal is to prepare “comprehensive recommendations for consideration by leaders on how the G20 could continue to make practical and valuable contributions to international efforts to combat corruption”.
- The ACWG has led the G20 anti-corruption efforts coordinating the collective and national actions taken by its members.
- The ACWG actively works with the World Bank Group, the OECD, the UNODC, the IMF, the FATF, as well as with the Business 20 (B20) and the Civil Society 20 (C20).
- The World Bank and the UNODC are also involved in the ACWG through the active participation and contribution of Stolen Asset Recovery Initiative (StAR) to its work.
Stolen Asset Recovery Initiative (StAR)
- StAR plays an advisory role on asset recovery, anti-money laundering/counter-terrorism financing (AML/CTF), transparency & beneficial ownership, and income & asset disclosures.
- In addition, StAR leads the World Bank Group delegation to the ACWG and coordinates the World Bank Group contributions and engagement.
Source:
PIB & G20
