Launch Of FACTI Final Report Holds February 25th

This is a call for registration to be part of the launch of the final report. For those interested, please use the link below to register for the event.

Recall that the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda for Sustainable Development (FACTI Panel) was launched by the 74th President of the United Nations General Assembly and the 75th President of ECOSOC in March 2020 to explore further actions that may be required by the international community in the following areas: financial and beneficial ownership transparency, tax matters, bribery and corruption, money laundering, confiscation and disposal of the proceeds of crime and the recovery and return of stolen assets.

Although these challenges are reflected across the globe, they have more impact on developing countries as they exacerbate inequalities, including gender inequality, worsen poverty and deprive states from generating further resources for vital investments for sustainable development.

To find effective solutions to these problems, the FACTI Panel consulted with the Member States, international organizations, experts, business and civil society. It commissioned background papers from subject matter experts and took inputs from all external stakeholders to inform its views. The FACTI Panel is ready to present its report to United Nations Member States and all other stakeholders.

The launch of the Report on 25 February will provide evidence-based recommendations, building on the successes and ongoing work of existing mechanisms, and priority actions for addressing the identified challenges for tax cooperation, anti-corruption, and anti-money laundering.

The support of the Nigerian media has become imperative in promoting financial accountability, transparency and integrity, as well as combating illicit financial flows towards shaping the country’s collective future for the better.