United Nations Convention against Corruption

To help fight corruption and reduce its corrosive impact in a sustainable way, the first ever legally binding global instrument, the United Nations Convention against Corruption, has entered into force. The Convention, which was adopted by the United Nations General Assembly on October 2003 has been signed by 140 countries and entered into force after 38 ratifications on December 14, 2005. India signed the convention on December 9 in New York The Convention contains a wide range of provisions that will strengthen efforts internationally to fight corruption. The convention rests on four basic pillars: Prevention of corruption, law enforcement, international cooperation and asset-recovery. The tough new provisions on asset recovery come as a major breakthrough and will be of major assistance in preventing corruption

Highlights of the Convention: