LEADER 09904oam 22007575 450 001 9910975336603321 005 20240505192058.0 010 $a9781464809576 010 $a1464809577 024 7 $a10.1596/978-1-4648-0953-8 035 $a(CKB)3710000001042659 035 $a(MiAaPQ)EBC4792985 035 $a(The World Bank)210953 035 $a(US-djbf)210953 035 $a(Perlego)1483741 035 $a(EXLCZ)993710000001042659 100 $a20020129d2017 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aGetting the Full Picture on Public Officials : $eA How-to Guide for Effective Financial Disclosure /$fIvana Maria Rossi 205 $a1st ed. 210 1$aWashington, D.C. :$cThe World Bank,$d2017. 215 $a1 online resource (146 pages) 225 1 $aSTAR Initiative 311 08$a9781464809538 311 08$a1464809534 327 $aCover -- Half Title -- Title -- Copyright -- Contents -- Foreword -- Acknowledgments -- About the Authors -- Abbreviations -- Glossary -- Introduction -- Notes -- References -- 1. Why Do Countries Embark on Financial Disclosure? -- Global and Regional Trends Observed in the Adoption of Disclosure Systems -- What Are the Objectives of a Disclosure System? -- Illicit Wealth Focus -- Conflict of Interest Focus -- Legal Foundations of Disclosure Systems -- Domestic Legal Foundations -- International Conventions and Other Instruments -- Expectations: The Nonlegal Key to Successful Objectives -- Notes -- References -- 2. Who Should File a Disclosure? How Often? -- Who Should File a Disclosure? -- Targeted Categories of Officials -- Put a Name to It: Creating and Updating a List of Filers -- Size Matters -- Family Members -- How Often Should Filers Declare? -- Notes -- References -- 3. What to Declare? -- What Makes a Disclosure Form Strong or Weak? -- What Categories of Information Are Included in Financial Disclosure Forms? -- Personal Identification Information -- Declaring Immovable and Movable Assets -- Declaring Income -- Declaring Securities -- Declaring Business Relationships with Financial Institutions (Bank Accounts) -- Declaring Liabilities -- Declaring Cash -- Declaring Interests -- Declaring Gifts -- Beneficial Ownership -- Notes -- References -- 4. The Submission Process -- Key Elements of the Submission Process -- The Register of Filers -- Communication with the Filer -- Completing and Submitting the Form -- Ensuring Compliance and Quality Control -- Data Collection and Management -- Analysis and Reporting -- Electronic versus Paper-Based Submission -- Challenges in Transitioning to Electronic-Based Submission -- Notes -- Reference -- 5. Verification of Information -- Objectives of Verification -- Verification Methodology. 327 $aDetermining Which Disclosures to Verify -- The Verification Process -- What Happens When Irregularities Are Found? -- Public Access and Verification -- Interagency Cooperation for Effective Verification -- Mapping Sources of Information for Verification (Domestically and Abroad) -- Prioritizing Sources of Information -- Ensuring Effective Interagency Cooperation -- Using Electronic Tools in the Verification Process -- Notes -- References -- 6. Why and How to Provide Access to Information in Disclosures -- Public Availability of Information -- Approaches to Public Availability -- What Information Is Made Available? -- Information Contained in Public Officials' Declarations -- Sharing Information about the Disclosure System -- Sharing Information with Other Agencies and Institutions -- Sharing Information with Other Government Agencies -- Sharing Information with Foreign and Private Sector Institutions -- Notes -- References -- 7. How Are Disclosures Used for Enforcement? -- Section 1: Enforcement of the Disclosure System -- Connecting the Dots -- Who Is Sanctioned? -- Cooperation and Coordination -- Challenges in Imposing Sanctions -- Section 2: Disclosures as Part of a Bigger Puzzle: How Can Disclosure Support the Broader Fight against Corruption and Asset Recovery? -- Illicit Enrichment -- Asset Recovery -- Notes -- Appendix A. Sample 1 and Sample 2 Data -- Sample 1: Legislation -- Sample 2: Practices of Disclosure Agencies -- Notes -- Reference -- Boxes -- I.1 Who Are We? -- I.2 A Little Bit More on Our Data -- 3.1 Keeping the Truth (and Luxury New York Apartments) Hidden, while Not Lying -- 5.1 Verifying Abroad: International Cooperation and Open Sources -- Figures -- 1.1 Adoption of Financial Disclosure Laws Spiked in the Last Three Decades -- 1.2 Financial Disclosure Laws Are More Widespread in Some Regions. 327 $a1.3 Systems Combine Elements of Both Illicit Wealth and Conflicts of Interest Objectives -- 1.4 International Anticorruption Instruments and Adoption of Financial Disclosure Laws -- 2.1 Share of Public Officials Required to Disclose, by Category -- 2.2 Filing Population Size -- 2.3 Size of Disclosure Population -- 2.4 Share of Jurisdictions Requiring Disclosure of Family Members -- 2.5 Frequency of Disclosure Requirements -- 3.1 Disclosure Form Example, Income -- 3.2 Disclosure Form Example, Unclear Request of Value of Assets -- 3.3 Finding the Right Balance in the Disclosure Form -- 3.4 Depth and Breadth of Requirements on Declaring Securities (OECD High-Income Jurisdictions) -- 3.5 Share of Jurisdictions Requiring Each Type of Information in Filer's Disclosure Form -- 3.6 Value of the Asset -- 3.7 Asset Acquisition -- 3.8 Asset Ownership -- 4.1 The Submission Process -- 4.2 Country Example: Creating and Maintaining a List of Filers -- 4.3 Preferred Methods for Checking Compliance -- 4.4 Country Example: Communication with Filers -- 4.5 How Officials Access the Disclosure Form -- 4.6 Methods for Submitting Disclosure Forms -- 4.7 Methods for Filling Out Disclosure Forms -- 4.8 The Path to Compliance -- 4.9 Achieving an Optimal Submission Process -- 4.10 Manual Management and Transfer of Data Still Widespread, but Automatic Transfer Gaining Ground -- 5.1 Verification of the Content of Financial Disclosures (by Law) Is Particularly Widespread in Latin American and the Caribbean and in Europe and Central Asia -- 5.2 Selecting All Disclosures for Verification Is the Least Common Approach -- 5.3 Globally, Routine Checks Are More Common by Law than Irregular Checks -- 5.4 Practitioners Use a Variety of Methods to Carry Out Verification -- 5.5 In Many Systems, Verification is Complemented by Public Access. 327 $a5.6 Still Room for Growth in Implementing Verification and Public Access -- 5.7 Sources of Information for Verification -- 5.8 Prioritization Variables -- 6.1 Weighing the Arguments of Public Availability -- 6.2 Declared Information Is Publicly Available by Law, by Region -- 6.3 Declared Information Is Publicly Available by Law, by Income Category of Country -- 6.4 Approaches for Public Access -- 6.5 Methods for Public Access to Disclosure Information -- 6.6 Conditions for Sharing Declared Information with Other Government Institutions -- 6.7 Methods for Sharing Disclosure Information with Banking Institutions in Relation to PEPs' Due Diligence Procedures -- 6.8 Sharing Disclosure Information with Foreign Public Institutions -- 7.1 Sample of Sanctions Applied to Public Officials -- 7.2 Sample Sanctions for Noncompliance -- 7.3 Components of Effective Sanctions -- Tables -- 3.1 Categories of Information Typically Found in Disclosure Forms -- A.1 Sample 1 Countries, by Region -- A.2 Sample 1 Countries, by Income Category -- A.3 Sample 2 Countries, by Region -- A.4 Sample 2 Countries, by Income Category. 330 3 $aFinancial disclosure systems are a vital component of transparency. By now 161 countries around the world have introduced financial disclosure systems, becoming commonplace around the world. But, although the rules are on the books, many practitioners are still struggling with the intricacies of the rules and how to implement them in the socioeconomic, historical, and legal context of their own country. Little guidance is available to assist them. This book aims to fill that void and provide practitioners with practical scenarios to consider before deciding on a particular course of action. This book contains short chapters that elaborate each topic and provide clear guidance on the issues that policy makers and those involved in the implementation of financial disclosure obligations will need to take into account before making a decision. How do you decide who should file? And how often? On-line or in hard copy? And what exactly? Everything they own directly-or also those apartments they own indirectly? How should information in declarations be checked? Should it be shared with public? How accessible should it be? This is the sort of practical guidance that this book aims to provide. 410 0$aWorld Bank e-Library. 606 $aAnticorruption 606 $aAsset Declaration 606 $aConflict Of Interest 606 $aCorruption 606 $aGovernance 606 $aIllicit Enrchment 606 $aIntegrity 606 $aPublic Officials 606 $aStar Initiative 606 $aTransparency 608 $aHandbooks and manuals. 615 4$aAnticorruption 615 4$aAsset Declaration 615 4$aConflict Of Interest 615 4$aCorruption 615 4$aGovernance 615 4$aIllicit Enrchment 615 4$aIntegrity 615 4$aPublic Officials 615 4$aStar Initiative 615 4$aTransparency 676 $a338.9 700 $aRossi$b Ivana Maria$01811580 702 $aPop$b Laura 702 $aBerger$b Tammar 801 0$bDJBF 801 1$bDJBF 906 $aBOOK 912 $a9910975336603321 996 $aGetting the Full Picture on Public Officials$94363559 997 $aUNINA