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Asset Declarations for Public Officials

A Tool to Prevent Corruption

image of Asset Declarations for Public Officials

Many countries around the world have introduced systems of asset declarations for public officials in order to prevent corruption. These systems vary greatly from country to country. The impact of such systems on the actual level of corruption is not well known.

This study provides a systematic analysis of the existing practice in the area of asset declarations in Eastern Europe and Central Asia, and in some OECD member states in Western Europe and North America. It examines the key elements of asset declaration systems, such as policy objectives, legal frameworks and the institutional arrangements; the categories of public officials who are required to submit declarations, and types of required information; procedures for verifying declared information, sanctions for violations, and public disclosure. The study also discusses the cost-effectiveness and overall usefulness of declaration systems. It includes four case studies covering Lithuania, Romania, Spain and Ukraine, and many additional country examples and references.

The study presents policy recommendations on the key elements of asset declaration systems. These recommendations will be useful for national governments and international organisations engaged in development, reform and assessment of asset declarations systems on a country level.

English Also available in: Russian

Foreword

Corruption is a key threat to good governance, democratic processes and fair business competition. Fighting corruption and promoting good public governance are among the main priorities of the OECD. In addressing corruption and good governance, the OECD takes a multidisciplinary approach which includes fighting bribery of foreign public officials, combating corruption in fiscal policy, public and private sector governance and development aid and export credits. The OECD is a leader in setting and promoting anti-corruption standards and good governance principles. It ensures their implementation through peer reviews and monitoring of member states and by providing policy-makers with analysis and recommendations. It also helps non-members to improve their domestic anti-corruption and good governance efforts by fostering sharing of experience and analysis and through regional programmes.

English Also available in: Russian

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