Daily News Analysis

G20 Anti-Corruption Working Group

stylish_lining

G20 Anti-Corruption Working Group

 

  1. The Action Plan is guided by the political declaration of the United Nations General Assembly (UNGASS) against corruption.
  2. The ACWG focuses on promotion of international cooperation in the areas of
    1. Asset recovery
    2. Law enforcement cooperation
    3. Information-sharing
    4. Technology
    5. Denial of safe haven/entry
  3. The ACWG also seeks to continue building its cooperation and engagement with relevant international organizations and bodies, in particular UNODC, OECD, FATF, WB and the International Monetary Fund (IMF).
  4. The WG also commits to effectively implement the United Nations Convention against Corruption (UNCAC) as the most comprehensive legally binding universal instrument to prevent and combat corruption.
  5. Substantive priorities included in the ACWG:
    1. Public sector transparency, integrity and accountability
      1. Strengthen transparency, open data and good governance, including in public procurement and the management of public finances.
      2. Establishment or reinforcement of protection frameworks for witnesses and whistle-blowers.
    2. Private sector transparency, integrity and accountability, anti-money laundering and beneficial ownership transparency
      1. Promote good practices in business integrity
      2. Anti-corruption ethics and compliance programmes
      3. Address the misuse of legal persons and arrangements such as shell companies for corruption
      4. Promote regulatory and supervisory regimes for banks and non-bank financial institutions
    3. International cooperation, denial of safe haven and asset recovery
      1. exchange good practices on legislation, cross-border information-sharing and operational procedures between nations.
      2. Implement anti-corruption safeguards in investment immigration policies to prevent corrupt actors seeking safe haven.

Israel-US-Iran Conflict

Recently, tensions in the Middle East escalated dramatically as Israel launched “Operation Rising Lion”, a significant military strike aimed at Iranian nuclear infrastructure and balli
Share It

Philippines President’s Visit to India (2025)

In 2025, during the Philippines President's state visit to India, both nations elevated their bilateral relationship to a Strategic Partnership. The visit reaffirmed the 1952 Treaty of Friends
Share It

India's Participation in the 51st G7 Summit

India participated as an Outreach Country in the 51st G7 Summit held in Kananaskis, Canada in 2025. Key Outcomes of the 51st G7 Summit (2025): Kananaskis Wildfire Charter:
Share It

Quit India Movement (QIM)

India commemorates 8th August every year as Quit India Movement Day (also known as August Kranti Diwas) to honor the historic movement that demanded the immediate end of British colonial rule in I
Share It

National Waterway-57 (Kopili River)

The National Waterway-57 (NW 57), running through the Kopili River in Assam, has been officially operationalised, marking a significant step in India’s development of Inland Water Transport
Share It

Union Cabinet Approves National Sports Policy (NSP) 2025

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the National Sports Policy (NSP) 2025, aiming to address long-standing challenges and transform India into a global sportin
Share It

CIMMYT’s Financial Crisis

The International Maize and Wheat Improvement Center (CIMMYT), a pivotal institution in the development of agricultural research for maize, wheat, and related crops, is facing significant financia
Share It

Shanghai Cooperation Organisation (SCO)

India's refusal to sign the joint declaration at the Shanghai Cooperation Organisation (SCO) Defence Ministers' meeting in Qingdao, China has been a significant diplomatic development.
Share It

China-Pakistan-Bangladesh Trilateral Meeting

China, Pakistan, and Bangladesh held their first-ever trilateral meeting during the 6th China-South Asia Cooperation Forum.China took the lead in facilitating the dialogue, aiming to boost regiona
Share It

US Imposing Tariffs on India

The US's decision to raise tariffs on India, particularly targeting the continued purchase of Russian oil, has had significant implications for the bilateral trade relationship between the two
Share It

Newsletter Subscription


ACQ IAS
ACQ IAS