Day 276: Transparency International

#QuickbiteCompliance day 276

🚨 Corruption Isn’t Just Coins in a Piggy Bank—It’s a Global Crime Engine! 

Did you know? Bad actors turn dirty money into “clean” cash by hiding it behind fake companies, luxury homes 🏠, or even foreign passports. For example: 

– Shell Companies: Criminals use phantom firms to move illegal funds—like drug money—into “legal” businesses (e.g., restaurants or casinos) . 

– Golden Passports: Some buy citizenship in corrupt countries to dodge laws and stash stolen cash offshore . 

– Bribes & Laundering: A bribe taken by a politician might be washed through real estate, making it look like honest profit . 

🔍 Transparency International (TI) Shines a Light on These Shadows! 

TI—a global watchdog in 100+ countries—fights back by: 

1. Ranking Corruption: Their Corruption Perceptions Index (CPI) exposes which governments are high-risk . 

2. Naming Bribe-Payers: The Bribe Payers Index (BPI) flags companies/countries enabling crime . 

3. Tracking Dirty Flows: Their CORIS database helps investigators connect kleptocrats to stolen assets 💼 . 

💡 Why This Matters to YOU 

When crooks launder money, we pay: lost taxes = fewer hospitals, schools, and roads . TI’s tools arm banks and regulators to freeze crime’s fuel—before it hurts communities. 

🌐 Tech Can Turbocharge This Fight! 

#InclusiveRegtech and #OpenSourceAML (like Mulai Console) put TI’s data into action—democratizing tools so any institution, big or small, can: 

✅ Spot hidden ownership in shell firms. 

✅ Flag suspicious transactions (e.g., sudden cash floods 💰). 

✅ Block dirty money from entering economies. 

👉 Join the Movement 

Corruption isn’t “someone else’s problem.” It’s a chain we all can break. Support transparency. Demand accountability. 

➡️ Learn more with ACAMS’s AML glossary: [ACAMS Glossary of Terms](https://www.acams.org/en/resources/aml-glossary-of-terms) 

#TransparencyMatters #AntiCorruption #FinancialCrime #AML #InclusiveRegtech #OpenSourceAML #100HariNulis #FollowTheMoney 

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TI’s CPI/BPI help banks avoid high-risk zones where crime hides. When corruption drops, economies grow—and communities win 🏆 .