Stream House brings unique expertise to assist countries to develop strategies to conduct financial investigations, including forensic and intelligence analysis, by direct consulting on cases. This could extend to the use of formal and informal channels to track, confiscate and recover stolen assets from overseas. Stream House can help to develop a strong vision and highly coordinated set of capacity strengthening measures covering institutions, legal frameworks and political will. Stream House can also assist companies, financial institutions and others to undertake internal investigations and to create strategies on fraud, bribery and sanctions risks.
Stream House experts have extensive experience in designing and implementing strategies on judicial and rule of law reform projects. Our experience shows that such reforms, even if in accordance with international standards, often requires operational and policy reform so as to build effective crime prevention, early detection and better enforcement structures. This should be complemented by enhanced preventive mechanisms that will support improved accountability. Integrity and leadership improving inter-agency cooperation, strengthening case management processes and implementing proven strategies for managing effective change.
Did you know?
Global Financial Integrity, a Washington DC based think-tank estimates that annual illicit financial outflows from the economies of the less developed countries totaled $946.7 billion in 2011 (13.7% more than in 2010) and totaled $5.9 trillion cumulatively from 2002-2011, a sum many times greater than the total amount of official development assistance during that period.
What do you mean illegal removal of cassiterite from E.DRC? Is it illegal if the smuggling is done by regular soldiers of the army?
The United Nations Convention against Corruption (UNCAC) is the first legally binding international anti-corruption instrument. In its 8 Chapters and 71 Articles, the UNCAC obliges its States Parties to implement a wide and detailed range of anti-corruption measures affecting their laws, institutions and practices and declared the recovery of stolen assets enshrined in Chapter V as a fundamental principle of the convention.
Over the years, Stream House has gathered experience from collaboration with reputed stakeholders to develop knowledge and training pertaining to resource governance concerns, and in particular has been addressing concerns raised by the International Conference on the Great Lakes Region (ICGLR) of Africa. The region has an abundance of natural resources but also a terrible history of conflict and wars fueled by so-called 'conflict minerals'. The products are geared toward civil society and other actors get a substantive overview of the plethora of initiatives and tools for increased transparency and accountability.
Effective capacity building within development assistance requires substantive knowledge transfer that can be applied immediately. Institutional partners in countries receiving assistance need practical tools, techniques and methodologies. Highly complex topics are presented often in a short time without follow up means for implementation leaving institutions ill-equipped for change. Stream House has developed ICT and knowledge products to make technical assistance more effective.