Outcomes of the G20 summit: united efforts to fight corruption and recover assets

The main goal of further activities in this area was to expand international cooperation on information exchange between anti-corruption and other law enforcement agencies, as well as to deepen their practical cooperation.

During the Summit, draft documents prepared earlier by the G20 Anti-Corruption Working Group were reviewed and approved, including:

According to the draft Plan, the main areas of focus for the G20 countries in the field of anti-corruption for the next two years will be, among others:

Joining the efforts of different countries to properly apply anti-corruption norms, refusing to grant asylum to fugitive corrupt officials, recovering stolen assets and combating the laundering of proceeds of crime;
identifying beneficial owners of legal entities and using beneficial ownership information to fight corruption;
interacting with the business community and civil society, promoting a culture of good business conduct, and supporting the introduction of anti-corruption measures in the activities of companies, including small and medium-sized enterprises;
countering bribery of national and foreign officials, tightening the liability of officials for bribery;
encouraging transparency and adherence to high ethical standards in the public sector: increasing the effectiveness of oversight of public procurement, budget allocation and customs payments, actively using open data, preventing and resolving conflicts of interest, encouraging whistleblowing and providing protection for whistleblowers.

The Summit participants also supported China's proposal to establish a G20 Research Center for International Cooperation in the Search for Persons Accused of Corruption and Asset Recovery, which will aim to develop proposals to improve the efficiency of mechanisms for the return of fugitive corrupt officials and their stolen assets.

Repatriation of criminals fleeing abroad has been one of the key areas of China's anti-corruption policy in recent years. In 2015, the country launched the Skynet program, a follow-up to the Foxhunt program, which was launched in 2014. Since the launch of the corruption repatriation programs, nearly 2,000 fugitive criminals from more than 70 countries and regions and about 7.5 billion yuan (approximately $1.1 billion) have been returned to China.

The new program is part of China's strategy of "catching tigers and flies" - the simultaneous prosecution of both high-ranking officials organizing large-scale financial fraud and small officials involved in corruption schemes. Up-to-date information on the results of relevant investigations can be tracked on a special interactive resource.