Anti-corruption statement by professional bodies

11 May 2016

Ahead of tomorrow’s Anti-Corruption Summit in London the CIOT has joined other professional bodies in tax, law and accountancy in signing a declaration setting out our determination to continue to fight corruption, money-laundering, tax evasion and other related crimes with all the tools at our disposal.

The statement reads –

Bribery and corruption represent serious threats to economic growth, individual livelihoods and civil society across the world.

For many years, professional bodies have worked alongside government, regulators, law enforcement and international bodies, and supported our members to combat bribery, corruption, tax-evasion, money laundering and the financing of international terrorism. We will continue this work and provide support to facilitate national and international co-operation and to improve monitoring and enforcement systems.

We deplore corruption and the significant harm it causes; we play a vital role in training, educating and supporting our professions to uphold the highest levels of integrity and ethical standards.

We know criminals seek to abuse the services provided by our members to launder the proceeds of corruption and we are committed to ensuring the professions we serve are armed with the tools to thwart this abuse.

We stand united in the fight against corruption in all its forms and are committed to sharing knowledge, skills and intelligence with our fellow professionals and with all agencies fighting this cause.

The co-signatories to this statement are as follows:

The Chartered Institute of Taxation; The Association of Taxation Technicians; The Law Society of England and Wales; The Institute of Chartered Accountants in England and Wales, The Society of Trust and Estate Practitioners; The Law Society of Northern Ireland; The Law Society of Scotland; The International Federation of Accountants; The Association of Chartered Certified Accountants; The Chartered Institute of Public Finance and Accountancy; The Institute of Chartered Accountants of Scotland; Chartered Accountants Ireland, The Chartered Institute of Management Accountants; The Association of International Accountants; The International Association of Book-Keepers; The Institute of Certified Bookkeepers; The Institute of Financial Accountants; UK200.

Blog by George Crozier, Head of External Relations, the Chartered Institute of Taxation