The World Bank: Financial Information Disclosure Law Library -- how many countries carry out official financial disclosure system?

 This paper from the USA referenceValley fog Feihong Published in 2014-02-06 Jianan

Before Christmas, the world bank in Washington held a seminar, entitled "anti-corruption to loudly say" (Speak Up Against Corruption). Two on the issue of corruption and led the group to establish cherish a deep-seated hatred for important anti-corruption mechanism, former World Bank President Wolfensohn (Jim Wolfensohn) and former Fed chairman Volcker (Paul Volcker) attended the meeting and delivered a speech.

Jin Yong professor of American Medical Korean year took over as president of the World Bank (Jim Yong Kim) said in his speech, in the developing world, corruption is the public enemy number one. He pointed out that, for every dollar of corrupt officials or corrupt businessmen fill one's own pocket are stolen from need of health care for pregnant women, or steal their boy or girl should receive education, stolen from need of water, roads and school community.

His prescription for the fight against corruption, the center is for all countries to establish a more honest credit system, government should be more open and transparent. He pointed out that, not only refers to financial public officials to declare assets, should also include the government budget, contract, bidding and procurement, and allow the citizens to grasp anti-corruption tools and information, so they can put pressure on the government, forcing the government to anti-corruption through more effective and responsible attitude.

In order to help the developing countries of the anti-corruption struggle, the world bank has established a database at the end of 2012, the "financial information disclosure law library" (Financial Disclosure Law Library). The database is a collection of 176 world countries and jurisdictions in the financial disclosure of many one thousand law. Statistic shows, these countries and regions of the official financial disclosure system usually includes senior officials, including 93% cabinet level officials into the scope of the public, including the 91% members of Parliament, including 62% senior prosecutor. However, among them, the general public can query the official financial disclosure of the data is accounted for only 43%, to these countries and regions, the government and civil society have a lot of work to do in the anti-corruption cause.

This database is completely open to the public, anyone can login, query binding legal document collection. Different countries or regions, the nature and extent of the documentation is also different. Usually in addition to the constitution, and the relevance of financial and ethical legal laws and regulations system, such as the anti-corruption law, conflicts of interest, tax law, law on the Parliament and the cabinet members of the legal status of the civil servant law, regulations, rules of procedure, to prevent the conflict of interest rules, ethics and code of conduct.

By querying the web site, we can know, in East Asia and the Pacific (excluding Japan) with 21 countries and regions have established the legal disclosure of government officials, 13 of which include public provision. Both the national high income, such as Singapore and Chinese Hongkong, also according to the standards of national income belongs to the middle and low income countries, such as Indonesia, Mongolia, Papua New Guinea, Philippines and vietnam.

In Vietnam, for example, provided it made in 2005 "anti-corruption law" the first chapter sixth section, citizens have the investigation and condemned the corruption of power. In 2007 March the anti-corruption law government laws and Regulations 2005 issued the 37/2007/ND-CP mandate, officials must declare they owned property, land use rights, precious metal, jewelry, securities and any other value of more than 5 millions vnd (about $14000 yuan) property, with foreign assets and bank account, and in accordance with the law of the taxable income. Reporting range from members of Congress, members of the State Council and the candidate and other senior officials, vice chancellor in charge of accounting has been to cadres at the grassroots level, including public primary school and kindergarten.

Not only the legal documents of these other countries have important reference value, the database is also compiled a demonstration of official financial disclosure of public officers law, financial disclosure scope, how their income, assets and equity and liabilities definition provides a template for other countries, policy makers and professionals, to to improve the relevant laws and regulations of their respective. And to those nations lagging behind in this respect, their citizens and civic organizations can use this database to provide information, to make recommendations to the government, urged them to develop or improve relevant laws.

URL financial information disclosure law library the following:

Http://publicofficialsfinancialDisclosure.worldbank.org/

The interested reader can login access to relevant content.

In December 19, 2013 the world bank anti-corruption report will be held in Washington, the World Bank President Jin Yong speech at the meeting (World Bank Group)