Promotion of international cooperation to combat illicit
financial flows and strengthen good practices on
assets return to foster sustainable development
A/RES/74/206
Reaffirming further the United Nations Convention against Corruption, 1 which
is the most comprehensive and universal instrument on corruption, and recognizing
the need to continue to promote its ratification or accession thereto and its full and
effective implementation, including full support for the Mechanism for the Review of
Implementation of the Convention,
Reaffirming the United Nations Convention against Transnational Organized
Crime, 2
Recalling its resolutions 65/169 of 20 December 2010, 71/213 of 21 December
2016, 72/207 of 20 December 2017 and 73/222 of 20 December 2018,
Recalling also its resolutions 71/208 of 19 December 2016, 72/196 of
19 December 2017 and 73/186 of 17 December 2018,
Taking note of the 2019 report of the Inter-Agency Task Force on Financing for
Development, 3
Recognizing that making progress on reducing illicit financial flows could
contribute to the achievement of other goals and targets in the 2030 Agenda for
Sustainable Development,
Taking note of the report of the High-level Panel on Illicit Financial Flows from
Africa and its relevant contributions in increasing knowledge of the sources of illicit
financial flows, and reiterating its invitation to other regions to carry out similar
exercises,
Taking note also of the policy recommendations of the Intergovernmental Group
of Experts on Financing for Development of the United Nations Conference on Trade
and Development, 4
Reiterating its deep concern about the impact of illicit financial flows, in
particular those caused by tax evasion, corruption and transnational organized crime,
on the economic, social and political stability and development of societies, and
especially on developing countries and their progress in financing the 2030 Agenda
for Sustainable Development,
Bearing in mind in this regard that there are different sources of illicit financial
flows and that a separate analysis of each source is more beneficial in designing policy
responses to prevent illicit financial flows,
Noting with appreciation the ongoing efforts by regional organizations and other
relevant international forums to strengthen cooperation in preventing and combating
illicit financial flows, as well as new initiatives taken by Governments and the private
sector to mobilize the financial sector in the collective f ight against illicit financial
flows,
Recognizing that combating illicit financial flows is an essential development
challenge, noting that developing countries are particularly susceptible to the negative
impact of illicit financial flows, and emphasizing that illicit financial flows reduce
the availability of valuable resources for financing for development,
Recognizing also the importance of studying the potential relationship between
combating illicit financial flows and attaining debt sustainabilit y,
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1
2
3
4
2/7
United Nations, Treaty Series, vol. 2349, No. 42146.
Ibid., vol. 2225, No. 39574.
Financing for Sustainable Development Report 2019 (United Nations publications, Sales
No. E.19.I.7).
See TD/B/EFD/1/3.
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