The First Anti-Corruption Working Group Meeting (ACWG) of G-20 is set to take place in Gurugram, Haryana, from 1st to 3rd March 2023.
About the first G- 20 ACWG Meeting –
It is under India’s chairpersonship, and Italy is the co-chair country.
Over 90 delegates from 20 member countries, 10 Invitee countries, and 9 International Organisations will engage in detailed deliberations on strengthening International Anti-corruption mechanisms.
Focus areas —
Enhancing the effectiveness of asset-tracing and identification mechanisms;
Developing mechanisms for rapid restrain of illicit assets;
Promoting effective use of open-source information and asset recovery networks;
The theme of India’s G20 Presidency is — “Vasudhaiva Kutumbakam” or “One Earth. One Family, One Future”.
Background of ACWG –
The G20 Anti-Corruption Working Group (ACWG) was set up in June 2010 at the Toronto Summit.
G20 ACWG has been at the forefront of guiding the anti-corruption initiatives of G20 countries
Primary Goal — To prepare “comprehensive recommendations for consideration by leaders on how the G20 could continue to make practical and valuable contributions to international efforts to combat corruption.”
ACWG will explore the proactive sharing of information, improving the existing Mutual Legal Assistance framework and simplifying mechanisms for sharing of information between domestic law enforcement authorities in criminal matters.
The ACWG actively works with the World Bank Group, OECD, UNODC, IMF, and FATF, as well as with Business 20 (B20) and the Civil Society 20 (C20).