ASEANSAI representatives train on proactive review and digital forensics
Thirty representatives from ASEAN Supreme Audit Institutions trained with ADB's Office of Anticorruption and Integrity (OAI) on digital forensics and proactive reviews on 3-4 October in Singapore. OAI experts also shared best practices and lessons from its proactive reviews and experiences in digital forensics. For similar training requirements, contact OAI.
ADB promotes international tax integrity standards as a tool to counter tax evasion
Senior tax and finance officials from 13 developing member countries in Asia and the Pacific learned how to harness exchange of information as a tool to combat offshore tax evasion and mobilize domestic resources. The Organisation for Economic Co-operation and Development (OECD), Global Forum, OECD Korea Policy Centre, and ADB co-hosted the training on 10-14 September in Jeju, Republic of Korea.
ADB holds first safeguards policy workshop for trade finance partner banks
The Trade Finance Program conducted a workshop on ADB's environmental and social safeguards for more than 80 delegates from banks in 39 developing member on 4-5 September in Singapore. Refresher sessions on customer due diligence were also conducted. ADB Private Sector Transaction Support Division's Noel Peters and Ian Bryson, and Office of Anticorruption and Integrity Due Diligence Unit Head Joel Syquia were among the presenters.
ADB participates in Ethics Network of Multilateral Organizations meeting
ADB and 29 UN agencies/international finance institutions participated in the 10th Meeting of Ethics Network of Multilateral Organizations on 9-13 2018 July in New York, USA to share experiences and collaborate on issues related to their ethics functions. The UN Secretary General’s message to participants underscored ENMO’s crucial role in ensuring that international civil servants uphold the highest ethical standards.
ADB's Office of Anticorruption and Integrity conducts integrity and respect refresher sessions in People's Republic of China
ADB's Office of Anticorruption and Integrity (OAI) on 27 June 2018 conducted awareness sessions for staff of the People’s Republic of China Resident Mission, discussing their responsibilities to maintain a respectful workplace and uphold ADB's integrity principles.
Water supply firms commit to improve implementation on Viet Nam's Water Sector Investment Program
In a series of exit discussions between 11 and 15 June 2015 in five key cities, Viet Nam’s four water supply companies discussed preliminary project procurement-related review observations with ADB's Office of Anticorruption and Integrity and Viet Nam Resident Mission. The companies acknowledged and committed to take remedial actions to improve project implementation.
ADB hosts inaugural symposium of anti-money laundering specialists in the Philippines
ADB hosted on 18 June 2018 a symposium of the Association of Certified Anti-Money Laundering Specialists (ACAMS) Philippine Chapter at ADB's headquarters. More than 250 participants from the Bangko Sentral ng Pilipinas (Central Bank of the Philippines), the Securities and Exchange Commission, and various international and national banks, non-bank financial institutions, and other anti-money laundering designated businesses and professions attended. The symposium allowed participants to improve their knowledge of anti-money laundering compliance and financial investigations. It also highlighted ADB’s commitment to enhancing anti-money laundering regulatory frameworks and capacities in the government and private sectors in the Philippines.
Anticorruption briefing held at Ateneo School of Government in Manila - iACT learning event
ADB's Office of Anticorruption and Integrity on 2 June 2018 instructed Ateneo students and alumni, who are active in the public and private sectors and civil society, on ADB’s Anticorruption Policy and the steps that ADB takes to ensure that public funds are used for their intended purpose. The session included lessons on due diligence and how to respond to integrity violations.
ADB supports anti-money laundering for the Philippines’ Securities and Exchange Commission
The Philippines' Securities and Exchange Commission (SEC) Chairperson Teresita Herbosa, Commissioner Emilio Aquino, and 25 other SEC officials worked with ADB to develop an operations manual for their new Anti-Money Laundering Division at a workshop on 28-29 May 2018 in Tagaytay City. The manual is part of ADB’s technical assistance to strengthen the Philippines' anti-money laundering and countering financing of terrorism regime.
Mongolia, ADB expand anti-money laundering program to cover all national financial institutions
Mongolia’s Financial Information Unit and Financial Regulatory Commission (FRC) concluded the last module of an ADB-supported anti-money laundering (AML) capacity development program for the private sector on 14-17 May in Ulaanbaatar. Nineteen financial institutions presented their enhanced internal AML policies, using AML toolkits provided under the program. This was followed on 18 May by an FRC workshop with non-bank financial institutions to kick-off the nationwide roll-out of the AML trainings and toolkits. Keynote speakers at the workshop were Head of the Standing Committee in Parliament D. Damba-Ochir, MongolBank Governor N. Bayartsaikhan, FRC Chairperson S. Davaasuren, and Joel Syquia of ADB’s Office of Anticorruption and Integrity.