Three cooperation agreements in the field of fight against corruption in the financial and banking sectors were signed on Tuesday between the Central Bank of Tunisia (BCT), the Tunisian Commission of Financial Analysis (ATAF), the Tunisian Professional Association of Banks and Financial Institutions (APTBEF) and the National Anti-Corruption Authority (INLUCC).

INLUCC President Chawki Tebib said in a statement to the press that the agreement with ATAF focuses on exchange of information, while the one with the BCT and APTBEF focuses on strengthening of cooperation and training.

"These agreements are a step towards supporting national efforts in the fight against corruption," he noted, admitting that there is a problem of coordination among the various stakeholders in the area of fight against corruption.

In this regard, he stressed the importance of combining efforts to deal with corruption in the financial and banking sector, recalling that INLUCC has received corruption and mismanagement records in both activities.

"INLUCC has already submitted to the judiciary, last year, 5 cases of suspicion of financial corruption in Tunisian banks, 7 other cases in the sector of gold and precious metals (smuggling, marketing of counterfeit metals ...) and 9 cases involving non-active international trading companies, as well as 3 cases involving money laundering, "Tebib reported.

He added that the authority seeks to adopt a preventive approach, as part of a participatory strategy, aimed at unifying efforts, exchanging information and strengthening the capacity to combat financial corruption, which is presented as a cross-border crime.

In turn, Governor of the BCT, Marouane Abassi, stressed the importance of these agreements to thwart the system of corruption in the banking sector, recalling the efforts made by the BCT, as well as the professionals of the sector, in this area.

For him, all these agreements are likely to improve the exchange of information and data needed to achieve optimal efficiency, in the fight against illegal financial practices.

As to APTBEF President Ahmed Karam, he said that the fight against corruption is among the priorities of the Tunisian banking sector, noting that the Association has already started the implementation of systems of governance and vigilant management in banking institutions, able to cope with the spread of corruption. He also stressed the importance of training and raising awareness about the seriousness of this phenomenon.

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