Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network)

30 Oct 2024 10:58:05 am

Tags : Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network)

Topic: Multilateral Groupings

Why in the news?

India was elected to the 15- member GlobE Steering Committee during the plenary session held in Beijing after a multistage voting process.
As a member of the Steering Committee, India will play a crucial role in shaping the global agenda against corruption and asset recovery. India’s expertise in combating corruption will be valuable assets to the GlobE Network.
The GlobE Network is a vital platform for international cooperation, and India’s participation will strengthen its efforts to combat cross-border financial crimes and corruption.
The Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network) was an initiative of G-20.

Source: The Hindu

About Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network):

It was launched in June 2021 under the G20 framework during a UN General Assembly Special Session against Corruption (UNGASS).
It currently includes 121 member countries and 219 authorities worldwide.
It aims to facilitate international cooperation in combating cross-border corruption and financial crime, and to support asset recovery efforts.
It enables global agencies to exchange criminal intelligence, best practices, and devise joint strategies to fight corruption.
India’s election to the steering committee allows it to actively contribute to global anti-corruption efforts, leveraging its expertise in tackling corruption, and enhancing its leadership role on the international stage, particularly after its G20 Presidency in 2023.

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