Doha Anti-Corruption Conference Approves Kuwait Draft
The Conference of Parties to the Arab Convention against Corruption, during its sixth session in Doha, adopted a draft resolution submitted by Kuwait that focuses on enhancing transparency, transparency of beneficial ownership, and identifying the true beneficiaries of companies. The resolution aims to enable countries to know the real owners of companies in order to reduce the concealment of assets resulting from corruption, thereby helping to uncover, trace, and recover funds obtained from crimes. It also seeks to strengthen transparency and fight corruption more effectively. This adoption comes within the framework of Kuwait’s legislative developments to promote regional and international cooperation in combating corruption.
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