International cooperation to prevent corruption, money laundering, illicit financial flows and terrorist financing

Risk management and the oversight of development cooperation are part of national and international cooperation aiming to prevent corruption, money laundering, illicit financial flows and terrorist financing.

Finland has acceded to several international anti-corruption conventions. In addition, development cooperation is guided by the OECD’s Recommendation of the Council for Development Co-operation Actors on Managing the Risk of Corruption from 2016.

International organisations have issued some recommendations to Finland on further anti-corruption measures. The Government has prepared an Anti-Corruption Strategy(layout.types.url.description) and its Action Plan for 2021–2023.

Development cooperation supports the prevention of corruption, too. Good governance can be promoted by strengthening the supervisory role of national parliaments and public authorities and by improving the availability of public information and people’s opportunities to request information about the resources of development programmes and their results.