Welcome to the United Nations

Home > Action Areas > Illicit financial flows > Action to eliminate safe havens

Action to eliminate safe havens

To date, some agencies have been engaged in capacity building with respect to IFFs. The OECD Oslo Dialogue, launched by the OECD at the first Forum on Tax and Crime, held in Oslo in March 2011, aims to achieve these objectives.  it’s the work under the Oslo Dialogue is supported by the G20 and promotes a whole-of-government approach to tackling tax and other financial crimes, encouraging inter-agency and international co-operation. A key part of the Oslo Dialogueis the OECD International Academy for Tax and Crime Investigation. Since the Academy was established in Ostia, Italy in 2014 over 250 investigators from 60 countries have received training, increasing the capacity to tackle illicit financial flows.

The World Bank has been working on analytical and operational approaches to strategically address IFFs as a core developmental issue for its membership. It is currently developing methodologies to measure the size of IFFs on select LDC and MIC countries, on a pilot basis. Additionally, mechanisms are being developed and piloted to proactively consider IFFs within Systemic Country Diagnostics (SCDs) and Country Partnership Frameworks (CPFs). Progress has also been made in the design of global tools, such as the Rapid Assessment Tool (RAT), to identify countries where IFFs pose a substantial risk to development.

For many years UNODC has supported work streams looking at IFFs related to various crimes and regions. The majority of its anti-money laundering and countering the financing of terrorism programmes and tools, including the Asset Recovery Networks, reflect a focus on preventing IFFs, as does its anti- corruption and stolen asset recovery work (covered in a separate cluster).  Efforts to align AML/CFT work to broader development outcomes, such as financial inclusion and domestic resource mobilisation, has been ongoing since the adoption of the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda.