Malta Chamber: The Ten Principles of Fighting Corruption
October 10, 2020
The American Anti-Corruption Institute (AACI) presented the ten principles of fighting corruption at the Malta Chamber on October 8, 2020. In an online webinar panel setting, the event was in cooperation with Malta Chamber and GetGovernanz.
Mike J. Masoud, CPA, CACM, CFE, MBA, The AACI’s Director of the Middle East and Africa, delivered the presentation.
Panelists
Mr. Terence Norris — Director at Getgovernanz
Mr. Mike Masoud — Director at The AACI
Perit David Xuereb — President of the Malta Chamber
Dr. Charles Cassar — Advisor to Getgovernanz
Mr. Andrew Naudi — Director at Getgovernanz
The Ten Principles of Fighting Corruption
- The pervasiveness of the rule of law
- Effective internal control
- Effective and good governance
- Independent and effective judiciary
- Power and accountability
- Investment in corruption prevention
- Quantification of corruption exposure
- Certainty of punishment
- No statute of limitations
- Rewarding corruption fighters
- They are the frame of reference to assess and evaluate the effectiveness of anti-corruption strategies, plans, and policies.
Malta-Chamber_AACI_Presentation
Fighting Corruption
The American Anti-Corruption Institute (AACI) defines fighting corruption as a “ process effected by those charged with governance, employees, citizens, and other stakeholders to provide a reasonable assurance that those entrusted with power did not abuse it for a private gain(s)” It is holistic, multidisciplinary, encompasses all economic sectors, results-oriented, and continuous.
The United Nations Convention Against Corruption (UNCAC)
Mr. Masoud provided many examples relating the ten principles of fighting corruption with the UNCAC. While the UNCAC is the only anti-corruption legal international agreement, the ten principles of fighting corruption are the foundation to institutionalize fighting corruption, money laundering, and financing terrorism.
Download The Presentation
You may download a PDF copy of The AACI’s presentation when you click here.
Originally published at https://blog.theaaci.com on October 10, 2020.
