Today is International Anti-Corruption Day 2020. It was announced today that the UK Government will soon extend its ratification of the United Nations Convention against Corruption (the “Convention”) to the Cayman Islands.
“The Convention is a unique tool for developing a comprehensive response to a global problem which covers five areas: preventive measures, criminalisation and law enforcement, international cooperation, asset recovery, and technical assistance and information exchange. The extension will provide the Commission, amongst other law enforcement agencies, with another tool to combat corruption in the public and private sectors alike,” the Anti-Corruption Commission has stated in a release.
His Excellency the Governor, Mr. Martyn Roper, OBE said: “I very much welcome the announcement that the UK Government will extend its ratification of the UN Convention against Corruption to the Cayman Islands and will today send the notification of extension to the Secretary-General of the United Nations.
“The Convention is the only legally binding international anti-corruption instrument and a unique tool for developing a comprehensive response to a global problem. The extension demonstrates international recognition that the Cayman Islands has the necessary good governance policies and mechanisms in place to address corruption domestically and internationally.”
The Governor added: “Through the work of oversight bodies such as the Anti-Corruption Commission and the Commission for Standards in Public Life the jurisdiction will continue to make notable strides toward stability, prosperity and good governance.”
The Convention was adopted by the UN General Assembly in October 2003 and entered into force in December 2005.
As a part of action taken to strengthen Cayman Islands’ anti-corruption regime, Government brought into force the Standards in Public Life Law, 2014 and its 2016 amendment, both of which came into force on 1 March 2020. The Standards in Public Life Regulations, 2020 were also published on 2 March 2020.