Cross-Border Corruption: Money, Movement, and Measurement

• Florence School of Transnational Governance

In this talk, the STG Policy Leader Fellows will discuss the impact of the increasingly transnational nature of corruption.

The unimpeded flow of capital around the globe and the increasing digitalisation of the global economy have created multiple opportunities for corruption, but also challenges in terms of measurement and regulation.

Tech companies, for example, have been generating revenues in tax-friendly countries despite having no physical presence and paying virtually no taxes there, making it a complex undertaking to determine appropriate tax responsibilities. In fragile and conflict-affected states, which are drained of much-needed resources by illicit financial flows, the task of measurement becomes even more cumbersome.

Meanwhile, online, opaque structures and the veil of anonymity have abetted cyber money laundering. Current corruption measures, however, do not reflect how these transactions are increasingly facilitated by networks that transcend borders and straddle both the public and private spheres.

In this talk, Policy Leader Fellows will discuss the impact of the increasingly transnational nature of corruption and their recommendations for reforming existing systems.

Moderator:

• Anna Patricia Valerio, Policy Leader Fellow

Speakers:

• Akash Malhotra: "Measurement of Illicit Financial Flows in Fragile Contexts"
• Ucha Avsajanishvili: "Transnational Challenges and the Future of Cyber-Laundering"
• Anna Patricia Valerio: "Corrupted Measures: Is it Time to Rethink How We Assess Corruption?" 

Please note this is an in-person event. No zoom link will be provided upon registration.