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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

1 July 2020 ADB supports Armenia's efforts to implement tax integrity standards

In a meeting with ADB's Office of Anticorruption and Integrity on 24 June 2020, Armenia tax officials enhanced their knowledge on identifying tax rulings covered by the framework for compulsory spontaneous exchange of information. This is part of ADB’s initiative to support Armenia’s efforts to implement international tax integrity standards and improve transparency, while strengthening its capacity to fight tax evasion and reduce opportunities for aggressive tax planning.

30 June 2020 ADB supports Credit Guarantee and Investment Facility to strengthen integrity due diligence

The Credit Guarantee and Investment Facility (CGIF) senior management team on 24 June 2020 attended a strategic workshop on integrity due diligence. Conducted by ADB's Office of Anticorruption and Integrity, the workshop supported CGIF’s establishment and implementation of its integrity management system, to protect its transactions from the risks of money laundering, tax evasion, corruption, and fraud. CGIF is a trust fund of ADB that provides guarantees on local currency denominated bonds issued by companies in the ASEAN+3 countries.

29 June 2020 ADB supports the Philippines in implementing the global tax standard Automatic Exchange of Information

More than 60 officials from the Philippines Department of Finance, Bureau of Internal Revenue, and stakeholder agencies on 29-30 June 2020 participated in the Office of Anticorruption and Integrity's virtual workshop to enhance knowledge on Automatic Exchange of Information and its effective implementation. This is part of ADB’s initiative to support the Philippines’ roadmap to implement international tax integrity standards, improve tax transparency to fight tax evasion, and strengthen the capacity to mobilize domestic resources.

18 May 2020 ADB supports Cambodia's efforts to implement tax integrity standards

ADB held a virtual kick-off meeting on 18 May 2020 for the Technical Assistance Program on Mutual Agreement Procedure where 16 Cambodian tax officials learned how to further improve their tax dispute resolution mechanisms. The meeting helped enhance tax certainty against the backdrop of a digitalized economy and increasing trend of new business models following the COVID-19 pandemic. 

1 April 2020 Intelligent Integrity Due Diligence AI pilot launched

ADB's Vice President Diwakar Gupta, Private Sector Operation Department (PSOD) Director General Michael Barrow, and Transaction Support Division Director Mark Kunzer on 1 April 2020 launched the Intelligent Integrity Due Diligence (I2D2), ADB's third solution out of the Digital Innovation Sandbox. I2D2 combines AI and digital technology to conduct integrity due diligence and sanctions checks on prospective recipients of ADB funding. VP Gupta stressed the importance of using the Digital Innovation Sandbox to safely experiment with emerging technologies as well as safeguarding intellectual property. He recognized the team that made this joint venture between PSOD and ADB's Information Technology Department successful. Mr. Barrow said I2D2 is part of PSOD's ongoing work to modernize its operations. About 250 individuals participated in the virtual launch. 

14 February 2020 ADB supports developing member countries in global endeavor to reach solution on taxation of digital economy

ADB participated as an observer at the 8th meeting of the Inclusive Framework on Base Erosion and Profit Shifting on 29 to 30 January 2020 in Paris, France. About 360 delegates from 122 jurisdictions issued a statement reaffirming their commitment to reach a consensus-based, long-term solution to the tax challenges arising from the digitalization of the economy, and to continue working toward an agreement by the end of 2020.

12 February 2020 ADB supports implementation of international tax integrity standards in Armenia

Thirteen Armenia government officials on 3-5 February 2020 in Yerevan participated in the training and technical support from ADB experts aimed to implement international tax integrity standards. This is part of ADB’s initiative to strengthen the country's capacity to fight tax evasion, reduce opportunities for aggressive tax planning, and mobilize domestic resources.

7 February 2020 Automatic exchange of tax information training held in Georgia

ADB and the Organisation for Economic Co-operation and Development's Global Forum on Transparency and Exchange of Information for Tax Purposes, in partnership with the Revenue Service of Georgia and the Deutsche Gesellschaft fur Internationale Zusammenarbeit, conducted a training seminar on 27-31 January 2020 in Tbilisi. Eighty-two participants from government agencies in Europe, Africa, and Asia, including 14 ADB developing members, attended the training aimed to help build the capacity of national tax authorities to fight tax evasion and illicit financial flows.

16 January 2020 ADB supports Palau's priorities on international tax integrity

Fifteen government officials from Palau received training and other technical support from ADB in transparency and exchange of information for tax purposes from 6-9 January 2019 in Koror. This is part of ADB’s support for Palau’s commitment to establish legal and administrative systems that meet international tax integrity standards to fight tax evasion and mobilize domestic resources.

12 December 2019 ADB assists Nepal in Anti-Money Laundering and Countering Financing of Terrorism

On 4-5 December 2019, more than 20 representatives from Nepal's Ministry of Finance, Ministry of Home Affairs, Department of Money Laundering Investigation, Department of Land Revenue, and Social Welfare Council attended gap analysis workshops. They also received technical assistance on assessing the Anti-Money Laundering and Countering Financing of Terrorism compliance of real estate agents, precious metal and stone dealers and non-profit organizations with a risk-based approach.

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