https://www.factipanel.org/news/facti-panel-report-has-been-published
The FACTI Panel is asking governments to agree to a Global Pact for Financial Integrity for Sustainable Development, a compact through which all countries agree to take comprehensive action to foster and strengthen financial integrity for sustainable development, and commit to using the proceeds released by this action to make additional investments in achieving the Sustainable Development Goals.
The FACTI Panel Report 14 recommendations represent an ambitious set of measures to reform, redesign and revitalize the global architecture, so it can effectively foster financial integrity for sustainable development.
Launch of the report of the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda
Virtual event
High-Level Launch Event and Panel Discussion
25 February 2021, 8.00 – 10.30 a.m. (EST)
Simultaneous interpretation for Arabic, Chinese, English, French, Russian, and Spanish will be available.
We will have a full playback of the event available shortly. In the meantime some of the clips are available below.
The event is being convened to present the report of the FACTI Panel to United Nations Member States and all other stakeholders. The report 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 report is expected to contribute to the overall efforts undertaken by Member States to implement the ambitious and transformational vision of the 2030 Agenda.
Format and programme
The event will bring the FACTI Panel chairs together with high-level representatives from Member States.
The event will consist of two parts: a high-level segment and a moderated panel discussion among invited speakers.
Host: Ms. Maryam Nemazee, Al-Jazeera English
Statements for the event
The High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda aims to contribute to the implementation of the 2030 Agenda for Sustainable Development by:
- Reviewing current challenges and trends related to financial accountability, transparency and integrity;
- Reviewing existing international institutional and legal frameworks related to financial accountability, transparency and integrity, with a view to identifying any gaps, impediments and vulnerabilities in their design and/or implementation, including with regard to their comprehensiveness, effectiveness and universality;
- Making evidence-based recommendations, building on the successes and ongoing work of existing mechanisms, on:
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- How to make the systems for financial accountability, transparency and integrity more comprehensive, robust, effective, and universal in approach;
- Ways to address identified gaps, impediments and vulnerabilities, including by: (i) strengthening the implementation of existing mechanisms, standards and commitments; (ii) improving existing international frameworks related to financial accountability, transparency and integrity, where possible; (iii) exploring the need for, and feasibility of, establishing additional international instruments or frameworks, where warranted; and (iv) governance arrangements to match the challenges; and
- Ways to strengthen international cooperation, including through existing bodies, that will enhance capacity to implement the recommendations.
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