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20th Anniversary Of The United Nations Convention Against Corruption

20th Anniversary Of The United Nations Convention Against Corruption:

The year 2023 marks the 20th anniversary of the United Nations Convention against Corruption (UNCAC).

  • The G20 also addresses anti-corruption efforts globally through its Anti-Corruption Working Group and includes related topics in the B20 and SAI20 discussions within the G20 Social track.
  • United Nations Convention against Corruption (UNCAC) was signed on December 9, 2003 in Mexico and entered into force on 14th December 2005.
  • The International Anti-Corruption Day was established on 9th December as a result of proposals by the Brazilian delegation to the Convention.
  • It is the only legally binding multilateral international anti-corruption treaty.
  • The Convention covers five main areas: Preventive Measures, Criminalization and Law Enforcement, International Cooperation, Asset Recovery, and Technical Assistance and Information Exchange.
  • The Convention covers many different forms of corruption, such as bribery, trading in influence, abuse of functions, and various acts of corruption in the private sector.