The role and responsibilities of global institutions in tackling fraud and corruption

Abstract

Corruption and fraud are global problems that occur every day around the world. Corruption and fraud are economic crimes that deprive governments of valuable resources and harm society as a whole. The global community recognizes that corruption and fraud can be effectively tackled through cooperation, common policies and a shared will to fight. International organisations have been set up to deal with the phenomenon and the fight against fraud. The purpose of this article is to present these organisations and to draw conclusions from their results. The research methodology is the literature review. Specifically, the websites of international organisations dealing with fraud and corruption are studied, as well as reputable articles from international scientific journals dealing with the functioning of these international organisations. Many international and national organizations combat corruption by setting standards, cooperating with judicial authorities, evaluating member states' progress, raising awareness, and collecting data. While they cannot prosecute officials directly, they provide reports to relevant authorities for action. Strong cooperation with prosecutors and judicial independence are crucial for effective anti-corruption efforts.