U4 Brief
Profiting from corruption: The role and responsibility of financial institutions
This U4 Brief assesses how banks facilitate illicit capital flows from developing countries. The shortcomings of the existing regulatory frameworks are discussed, and recommendations are made for donor governments on what can be done to curb the flow of corrupt money out of the developing world.
Cite this publication
Palmer, R. (2009) Profiting from corruption: The role and responsibility of financial institutions. Bergen: Chr. Michelsen Institute (U4 Brief 2009:31) 4 p.
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