fbpx Activities | Asian Development Bank

Anticorruption and Integrity

Underpinned by ADB's zero tolerance for corruption, the Office of Anticorruption and Integrity aligns with ADB’s commitment to strengthen governance across Asia and the Pacific as it mitigates integrity risks, investigates integrity violations, and promotes integrity among ADB’s stakeholders.

Activities

30 September 2021 ADB hosts knowledge-sharing session on integrity risks in vaccine programs

On 30 September 2021, ADB, the United Nations Office on Drugs and Crime (UNODC), Organisation for Economic Co-operation and Development (OECD), and Transparency International discussed integrity risks and mitigation challenges in the lifecycle of vaccine programs amidst the changing COVID-19 response landscape. The event, attended by 807 participants including developing member countries and ADB, is part of ADB's Office of Anticorruption and Integrity's The Integrity Learning series. Watch the recording.

28 September 2021 ADB trains Viet Nam AML/CFT DNFBP supervisors

On 28-30 September 2021, 28 representatives from Viet Nam's Banking Supervisory Agency, the Anti-Money Laundering Department of the State Bank of Vietnam, and the Ministries of Finance, Justice, and Planning and Investment learned concepts and best practices on anti-money laundering and combating the financing of terrorism (AML/CFT) risk-based supervision of designated non-financial businesses and professions (DNFBPs). This is part of RETA 9706 in developing AML/CFT Risk-Based Supervision Manuals for Financial Institutions and DNFBPs for Viet Nam. Learn more about RETA 9706: Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B).

22 September 2021 ADB holds second regional consultation on addressing digital economy tax challenges

On 22 September 2021, ADB's Office of Anticorruption and Integrity co-chaired a regional consultation on addressing the tax challenges of digitalization. The event gathered 180 participants from 54 jurisdictions, including 39 developing member countries, who discussed the progress achieved by the G20/OECD Inclusive Framework on Base Erosion and Profit Shifting on finalizing outstanding elements and implementation plans related to the agreed statement on a two-pillar solution to address the tax challenges arising from the digitalization of the economy. ADB, Commonwealth Association of Tax Administrators, Organisation for Economic Co-operation and Development (OECD), Pacific Islands Tax Administrators Association, and Study Group on Asian Tax Administration and Research co-hosted the event. Learn more about RETA 9433: Enhancing Tax Transparency of ADB Developing Member Countries.

21 September 2021 ADB trains Viet Nam AML/CFT FI supervisors

On 21-23 September 2021, 54 Viet Nam financial institution (FI) supervisors from the State Bank of Viet Nam, Ministry of Finance, and State Securities Commission learned concepts and best practices on anti-money laundering and combating the financing of terrorism (AML/CFT) risk-based supervision. This training is part of RETA 9706 in developing AML/CFT Risk-Based Supervision Manuals for Financial Institutions and Designated Non-Financial Businesses and Professions for Viet Nam. Learn more about RETA 9706: Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B).

16 September 2021 ADB conducts knowledge-sharing session with First Utility-Scale Energy Storage Project of Mongolia

On 16 September 2021, ADB's Office of Anticorruption and Integrity (OAI) conducted a virtual session with the First Utility-Scale Energy Storage Project of Mongolia executing and implementing agencies to increase awareness and understanding of ADB’s anticorruption framework, due diligence during the bidding cycle, red flags, and detection of integrity violations. The training, attended by 11 participants who have project responsibility and oversight involvement, is part of OAI’s The Integrity Learning Series.

8 September 2021 ADB supports Kyrgyz Republic’s priorities on international tax integrity

On 8 September 2021, ADB and Kyrgyz Republic’s Ministry of Economy and Finance discussed the benefits of implementing international tax standards to enhance the exchange of information for tax purposes and prevent base erosion and profit shifting. This is part of ADB’s initiative to support Kyrgyz Republic’s efforts to align their legal framework and administrative practices with international tax integrity standards, thereby increasing their capacity to fight tax evasion, halt aggressive tax avoidance, and mobilize domestic resources. Learn more about RETA 9433: Enhancing Tax Transparency of ADB Developing Member Countries.

6 September 2021 ADB supports Tajikistan's efforts to implement tax integrity standards

On 6 September 2021, ADB and Tajikistan’s Tax Committee discussed the importance of implementing the four minimum standards to prevent base erosion and profit shifting, thereby increasing their capacity to fight aggressive tax avoidance and mobilize domestic resources. This is part of ADB’s initiative to support Tajikistan’s efforts to align their legal framework and administrative practices with international tax integrity standards. Learn more about RETA 9433: Enhancing Tax Transparency of ADB Developing Member Countries.

23 August 2021 Pakistan AML/CFT training

On 23-24 August 2021, 62 dealers of precious metals and stones (DPMS) and representatives from the Pakistan Financial Monitoring Unit and Pakistan Federal Board of Revenue learned basic concepts on anti-money laundering and combating the financing of terrorism (AML/CFT), and the obligations of the DPMS sector under Pakistan’s AML/CFT law. This training is part of RETA 9706’s support for Pakistan to develop compliance guidelines and training programs for accountants, lawyers, real estate agents, and DPMS. Learn more about RETA 9706: Developing Anti-Money Laundering and Combating the Financing of Terrorism Approaches, Methodologies, and Controls (Subproject B).

12 August 2021 ADB moderates business integrity workshop

On 12 August 2021, ADB moderated a workshop on business integrity which focused on integrity challenges in crisis situations in small to medium enterprises and collective action initiatives in Asia-Pacific. Over 400 participants attended the event co-hosted by ADB, OECD, and the Asia-Pacific Economic Cooperation (APEC).

11 August 2021 ADB promotes international tax integrity standards in Mongolia

On 11 August 2021, ADB, Global Forum, and Mongolia’s General Department of Taxation discussed the next steps for the implementation of actions plans on the exchange of information on request, and confidentiality and data safeguards requirements for automatic exchange of information for tax purposes. This supports Mongolia in establishing legal and administrative systems that meet international tax integrity standards, increasing its capacity to fight tax evasion and mobilize domestic resources. Learn more about RETA 9433: Enhancing Tax Transparency of ADB Developing Member Countries.

Pages