slide1
Download
Skip this Video
Download Presentation
AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING

Loading in 2 Seconds...

play fullscreen
1 / 60

AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING - PowerPoint PPT Presentation


  • 251 Views
  • Uploaded on

AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING. The 10th ASOSAI Research Project. Atty. ALEXANDER B. JULIANO Director – Fraud Audit Office Commission on Audit - Philippines.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' AUDIT TO DETECT FRAUD AND CORRUPTION: EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING' - prema


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1
AUDIT TO DETECT FRAUD AND CORRUPTION:EVALUATION OF THE FIGHT AGAINST CORRUPTION AND MONEY LAUNDERING
  • The 10th ASOSAI Research Project
  • Atty. ALEXANDER B. JULIANO

Director – Fraud Audit Office

Commission on Audit - Philippines

the philippines anti corruption s trategy
The Philippines Anti-corruption Strategy

Stand-alone anti-corruption program or anti-corruptionstrategy

the philippines anti corruption strategy
The Philippines Anti-corruption Strategy

Umbrella document with separate programs for sectors or ministries

Inter-agency Anti-Graft Coordinating Council

the philippines anti corruption strategy1
The Philippines Anti-corruption Strategy
  • Section in another policy document, e.g. national development or investment program
    • Strategies are embodied in Anti-corruption Laws
    • Specific laws, courts, and prosecutors dedicated to government anti-corruption
chapters in the anti corruption document
CHAPTERS IN THE ANTI-CORRUPTION DOCUMENT
  • Background chapters
  • Level of implementation of previous strategy
  • Objectives and priority areas
  • Chapters on prevention and criminalisation / law-enforcement measures
  • Public participation/education
  • Monitoring and assessment mechanism and criteria
a ction plan
ACTION PLAN

The anti-corruption strategy has an action plan embodied in the Anti-Corruption Laws

slide8

ELEMENTS OF THE ANTI-CORRUPTION ACTION PLAN

  • General objectives
  • Specific measures
  • Specific institutions
  • Time-frame
  • Criteria for assessing implementation
  • Budget specially allocated
  • Institution responsible
slide9

PUBLICATION

The anti-corruption documents and action plans are published

slide10

MEASURES EMPLOYED IN FIGHTING CORRUPTION

  • Open and transparency in the operation of agencies
  • Development and implementation of entitlements, norms and standards
  • Administrative reform
  • Development and enforcement of the code of conduct and the code of professional ethics
  • Penalty forms to heads of the agencies in case of occurrence of corruption
  • Salary payment via bank account
  • Declaration of assets and income
  • Regulation of returning gift by the public officials
  • Whistle blowing and prohibition of acceptance of gift/donation
slide11

ANTI-CORRUPTION AGENCIES

  • The Office of the Ombudsman
  • Department of Justice
    • The National Bureau of Investigation
  • The Commission on Audit
slide12

MAIN RESPONSIBILITIES/FUNCTIONS OF THE ACA

  • Monitor and evaluate the implementation of the anti-corruption strategy
  • Collect, centralize and exploit the denunciations
  • Conduct investigations 
  • Disseminate knowledge on anti-corruption activities
  • Raise public awareness about the fight against corruption
  • Identify the causes of corruption and to propose to the competent authorities of measures to help eliminate it
  • Draw a risk map of corruption in the country
  • Anti-corruption screening of legal acts
  • Research and analysis on corruption
  • Keep a database on the statistics regarding cases of corruption year by years
  • Research and analysis on conflict of interest in the public management
slide13

RE-EVALUATION OF BODIES/ AREAS/ ACTIVITIES HAVING HIGH RISK OF CORRUPTION

The ACAs regularly re-evaluate the bodies, areas and activities with high risk of corruption in order to employ appropriate measures to mitigate corruption

slide16

NEED TO ENACT NEW LEGISLATION

  • Abuse of position/power
  • Influence peddling
  • Kickback
  • Nepotism
  • Political dynasty
slide17

RANKING OF CORRUPTION MEASURES

1Preventive policies and measure

2 Detective actions

3 Punitive measure

slide19

The Philippines have laws and regulations governing code of ethics of and declaration of assets by public officials

slide23

THE PHILIPPINES HAS RATIFIED UNITED NATIONS CONVENTION AGAINST CORRUPTION (UNCAC)

Memorandum of Implementation signed on June 14, 2013

slide25

The Philippines is a member of anti-corruption conventions, initiatives or international project (OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions; GRECO etc.)

slide30

PARTICIPANTS TO ANTI-CORRUPTION EDUCATIONAL AND TRAINING PROGRAMS

  • Public officials
  • Non-governmental organizations
  • Businessmen
  • Media
slide38

RATE OF IMPLEMENTATION OF

ANTI-MONEY LAUNDERING LAW

slide39

The Philippines has a national Financial Intelligent Unit (FIU) functioning as national center for the collection, analysis, and dissemination of information regarding potential money laundering offences

slide40

The Anti-Money Laundering Council (AMLC) is the

  • official authority in-charge of anti-money laundering
slide43

OUR AMLC PERFORMS

  • THE FOLLOWING FUNCTIONS
slide44

RANK OF THE EFFECTIVENESS

  • OF ANTI-MONEY LAUNDERING MEASURES
slide45

The citizens may inform (denounce) the country’s AML Board about a suspected case of money laundering via website of the AML Board or via letter

slide47

The AMLC requires all financial institutions to have anti-money laundering (AML) & Know Your Customer (KYC) procedures

slide49

FINANCIAL INSTITUTIONS ARE OBLIGED TO COMPLY WITH LEGAL OBLIGATIONS OR ADMINISTRATIVE POLICIES IN TERMS OF CLIENT DUE DILIGENCE PROCEDURES

slide53

There are cooperation agreements or protocols among the local institutions in our country to share financial information and financial transfers and if it’s involved with money laundering

slide56

FACTORS THAT INHIBIT THE FIGHT

AGAINST MONEY LAUNDERING

slide59

There arehigh institutions providing training workshops for the employees of controlling agencies about methods to detect money laundering

ad