illicit flows

UN Webinar on the COVID-19 Impact on Transfer Pricing

The COVID-19 outbreak is not only a health crisis, but a jobs crisis, a humanitarian crisis and a development crisis of unprecedented scale and dimension and it demands unprecedented efforts, including to finance the response and recovery.

The UN Webinar on the COVID-19 Impact on Transfer Pricing will be a 4-hour virtual learning event on the COVID-19 pandemic impact on the policy and administrative aspects of the transfer pricing analyses for developing countries in their efforts to mobilize domestic resources for response and recovery. Given the relevance of the topic to stakeholders from all regions and multiple disciplines, the event will be open to the public. The forthcoming update of the Manual on Transfer Pricing for Developing Countries, approved by UN Committee of Experts on International Cooperation in Tax Matters in its 21st Session, will be considered in light of the COVID-19-related crisis.

Register here!

The webinar is designed to:

• Give participants a better understanding of how the COVID-19 pandemic has disrupted business’ value chains and how the rapid changes and economic downturn have impacted the transfer pricing position of taxpayers and posed a challenge to tax administrations in assessing transfer prices under these circumstances.

• Identify some of the specific issues faced by developing countries on the impact of the COVID-19 pandemic on the transfer pricing position of their taxpayers and suggest practical solutions to these challenges.

• Give particular attention to the issue of the lack of local comparables to undertake the transfer pricing analysis based on the arm’s length principle. It is acknowledged that this issue is not exclusive of the COVID-19 pandemic, but has been exacerbated by it.

• It is acknowledged that while many businesses have incurred losses, some may have experienced extraordinary gains. It is important for developing countries to identify these different circumstances and have a better understanding of how to deal with extraordinary losses, as undue treatment of losses can further erode the tax base.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org

14th United Nations Crime Congress

The 14th UN Congress on Crime Prevention and Criminal Justice will be held from 7 to 12 March 2021 in Kyoto, Japan. The UN General Assembly has formally decided on these dates (A/DEC/74/550 B), which had been recommended by the Commission on Crime Prevention and Criminal Justice, as the preparatory body of the Crime Congress. There will be pre-Congress consultations on 6 March 2021. The 14th Congress was originally scheduled to take place in Kyoto, Japan, on 20-27 April 2020, and postponed, due to the worldwide COVID-19 pandemic.

As per General Assembly Resolution 72/192, the substantive Agenda Items of the 14th Congress are the following:

  1. Comprehensive strategies for crime prevention towards social and economic development
  2. Integrated approaches to challenges facing the criminal justice system.
  3. Multidimensional approaches by Governments to promoting the rule of law by, inter alia, providing access to justice for all; building effective, accountable, impartial and inclusive institutions; and considering social, educational and other relevant measures, including fostering a culture of lawfulness while respecting cultural identities, in line with the Doha Declaration.
  4. International cooperation and technical assistance to prevent and address all forms of crime:

(a) Terrorism in all its forms and manifestations;

(b) New and emerging forms of crime.

The proposed organization of work indicates approximately when these topics will be discussed by the Congress in Kyoto (Japan Standard Time, UTC/GMT +9 hours).

Registration information is available here, and the registration deadline is February 18.

Read more about the event and full program here.

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CoNGO Notes: For more information on the Alliance of NGOs on Crime Prevention and Criminal Justice, please visit crimealliance.org. For more information on the NGO Committee on Disarmament, Peace, and Security, please visit ngocdps.wordpress.com.

[UNCTAD Seminar] Building Economic Resilience in Small Island Developing States

UNCTAD and the Commonwealth Secretariat will host an online seminar on “Building economic resilience in small island developing States” on 4 March 2021, from 3 to 5 p.m. CET.

Register here!

Background

The coronavirus disease of 2019 (COVID-19) pandemic has exacerbated the significant vulnerability of small island developing States to external shocks and has unleashed an unprecedented socioeconomic and financial crisis. The pandemic has also compounded the lingering effects of the financial crisis of 2008/09, following which many small island developing States borrowed to underwrite deficit spending and spur economic growth. Already burdened with high debt service costs at the start of the pandemic, many small island developing States lack the fiscal space to respond to the extraordinary needs created by the pandemic.

To break this cycle of recurring crises and incomplete recoveries, small island developing States strive to build their resilience to environmental and economic shocks. In support of this important quest, in 2014, member States, in the SIDS Accelerated Modalities of Action (SAMOA) Pathway, reaffirmed their “commitment to take urgent and concrete action to address the vulnerability of small island developing States”, taking into account their “individual country circumstances”. Economic development strategies provide a blueprint for Governments and incentives for the private sector to invest in new industries and infrastructure, ideally spurring a cycle of economic growth and structural transformation, towards a resilient economy and sustainable long-term development. In this context, UNCTAD and the Commonwealth Secretariat will hold this seminar for member States on building economic resilience in small island developing States, to present their ongoing work and exchange views with member States on alternative development strategies for small island developing States and other small States.

The specific objectives of the seminar are to:

Inform SIDS and small States of assistance provided by UNCTAD and the Commonwealth; Foster debate on “alternative development strategies for diverse SIDS” based on joint UNCTAD-Commonwealth research; and Identify next steps, including further research, policy analysis and technical assistance.

Speakers:

  • Mr. Paul Akiwumi Director, Division for Africa, LDCs and Special Programmes (ALDC), UNCTAD
  • Dr. Arjoon Suddhoo Deputy Secretary-General, Commonwealth Secretariat
  • HE Mr. Chad Blackman PR of Barbados to the UN in Geneva Coordinator of the SIDS Group in Geneva
  • Mr. Pierre Encontre Chief, SIDS and Status Issues Section, UNCTAD
  • Dr. Ruth Kattumuri Senior Director, Economic, Youth & Sustainable Development Directorate, Commonwealth Secretariat
  • Mr. Kris Terauds Economist, SIDS and Status Issues Section, UNCTAD
  • Mr. Paul Akiwumi UNCTAD

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org.

World Economic Situation and Prospects 2021 on Trade: From short-term disruptions to longer-term resilience

UNCTAD Trade Policy Dialogue

World Economic Situation and Prospects 2021 on trade: From short-term disruptions to longer-term resilience

Please register online at https://unctad.org/meeting/world-economic-situation-and-prospects2021-trade-short-term-disruptions-longer-term

This Trade Policy Dialogue is organized by UNCTAD in partnership with the United Nations Department of Economic and Social Affairs (UNDESA) and the Economic Commission for Europe (UNECE). The session will discuss major findings in the flagship report World Economic Situation and Prospects 2021, which assesses key trends in international trade and agenda for policy, including the roles of global value chains and services in enhancing economic resilience.

Questions:

  • How do we overcome short-term trade disruptions to reinforce longer-term resilience?
  • How do we take advantage of dynamic comparative advantage and “servicification”?
  • How do different countries see the need to revitalize the multilateral trading system?

Programme Agenda:

2:30 p.m. Opening

2:35 p.m. Panel discussion moderated by Miho Shirotori, Head, Trade Negotiations and Commercial Diplomacy Branch, UNCTAD

Panelists:

  • Ingo Pitterle, Senior Economic Affairs Officer, Global Economic Monitoring Branch, United Nations Department of Economic and Social Affairs
  • Bruno Antunes, Economic Affairs Officer, Trade Negotiations and Commercial Diplomacy Branch, UNCTAD
  • Polina Tonkikh, Director, World Trade Organization Expertise Centre, Russian Federation

3:20 p.m. Questions and answers

3:35 p.m. Closing

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-NY, please visit ngocsd-ny.org.

[Monthly Meeting] NGO Committee on Financing for Development

Dear Colleagues,

We hope all of you are doing well.  This is a reminder for the next NGO Committee on Financing for Development meeting that will take place by Zoom on March 3 from 1:00- 3:00 pm EST.

Registration for access to the Zoom link available here: https://us02web.zoom.us/meeting/register/tZ0td-GspjsrHtfM9kwJmPggiJiHQMwHdCKc

Agenda includes:

  • Philipp Erfurth, Economic Affairs Officer, UN Financing for Sustainable Development Office will be providing a briefing on FfD matters
  • Briefing on the International Rescue Committee report “COVID-19 and Refugees’ Economic Opportunities, Financial Services and Digital Inclusion”
  • Anneleen Vos | Senior Policy Officer – Economic Programmes, International Rescue Committee and Prof Dr Hans-Martin Zademach , Katholische Universität Eichstätt-Ingolstadt in Germany

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Migration, please visit ngo-migration.org.

Launch of FACTI Panel Final Report

The FACTI Panel is the High Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda. It aims to improve the world’s chances of achieving sustainable development by making recommendations that both strengthen current efforts to combat illicit financial flows, and close remaining gaps in the international system.

The FACTI Panel is set to launch its final report at 8:00-10:30 (EST) on Thursday, 25 February 2021. The event will be conducted virtually with simultaneous interpretation for all UN official languages.

All interested participants can register by clicking the registration link below and filling out the form. After registering the FACTI Panel Secretariat will directly send you connection details to attend the launch.

Register here.

Read the FACTI Panel interim report here.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-New York, please visit ngocsd-ny.org.

Intersessional Meeting of the COP to the UN Convention Against Corruption: Asset Recovery

Intersessional meeting of the Conference of the States Parties to the UN Convention against Corruption: Thematic focus on asset recovery (Vienna)

This meeting is second of five preparatory meetings to be held before the Special Session of the General Assembly Against Corruption.

Tentative timeline available here: https://ungass2021.unodc.org/uploads/ungass2021/documents/session1/UNGASS2021_tentative_timeline.pdf

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CoNGO Notes: For more information the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

[#GGKP webinar] Green Jobs and a Just Transition: Country Perspectives from Argentina, South Africa and ILO

Please join #GGKP for an important and timely webinar,

Green jobs and a just transition: Country perspectives from Argentina, South Africa and ILO

Why must green jobs be central in national recovery strategies?

What sectors are leading in green jobs creation? What are some new green job profiles?

How can governments support workers during a green transition? What are key social protections as job profiles change or shift to new green sectors?

How can businesses lead in the green jobs transition, and how can going green make a business more competitive?

On 18 November (2-3:30pm CET), join the GGKP for a discussion on how governments and business can lead a just transition to greener economies featuring country perspectives from Argentina and South Africa. The discussion will be moderated by Moustapha Kamal Gueye, Coordinator of the Green Jobs Programme at the International Labour Organisation (ILO).

The ILO Guidelines for a just transition to environmentally sustainable economies and societies for all provide a policy framework for inclusive, employment-centered green transitions for workers, enterprises and communities. This webinar is the third in a five-part #GGKPwebinar series held under the project, Green Economy Transformation in Cooperation with the Partnership for Action on Green Economy (PAGE) – Synergies between low-emission pathways and the Sustainable Development Goals (SDGs)

The project is funded by the German Federal Ministry of Environment, Nature Conservation and Nuclear Safety (BMU) through its International Climate Initiative (IKI), and is implemented jointly by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and UN Environment.

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CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development-Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development-New York, please visit ngocsd-ny.org.

[5-year UN observance] World Statistics Day

At its 41st Session in February 2010, the United Nations Statistical Commission proposed celebrating 20 October 2010 as World Statistics Day (Decision 41/109).

Acknowledging that the production of reliable, timely statistics and indicators of countries’ progress is indispensable for informed policy decisions and monitoring implementation of the Millennium Development Goals, the General Assembly adopted on 3 June 2010 resolution 64/267, which officially designated 20 October 2010 as the first ever World Statistics Day under the general theme “Celebrating the many achievements of official statistics.”

In 2015, with resolution 96/282, the General Assembly decided to designate 20 October 2015 as the second World Statistics Day under the general theme “Better data, better lives,” as well as to celebrate World Statistics Day every five years on 20 October.

Register for the World Data Forum, Oct. 19 – 21, here: https://unstats.un.org/unsd/undataforum/index.html

Program & agenda for the Forum available here.

[UN observance] International Day for the Eradication of Poverty

International Day for the Eradication of Poverty 2020: “Acting together to achieve social and environmental justice for all”

To follow the worldwide commemoration,

  • A global interactive event in FRENCH and ENGLISH will be organized on Facebook Watch Party at 11 am New York /3pm UTC/5 pm Paris /6pm Nairobi.
  • For those not able to attend the Facebook Watch Party, the video of the global commemoration will be uploaded on ATD Fourth World’s Youtube channel on October 17, at midnight EST.

Register here

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CoNGO Notes: For more information on the NGO Committee on Social Development, please visit ngosocdev.org or facebook.com/NGOCSocD. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

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