Here’s the article rewritten in markdown format:

Corruption Erodes Trust in Government Institutions in Liechtenstein

The Principality of Liechtenstein has acknowledged the severe impact of corruption on trust in its government institutions, hindering millions from fully enjoying their human rights.

Fighting Corruption: A Top Priority for Liechtenstein

In a recent address to the United Nations Convention against Corruption (UNCAC), Claudio Nardi, First Secretary at the Office for Foreign Affairs, emphasized that fighting corruption is of highest priority for Liechtenstein. He highlighted the importance of addressing corruption in achieving each and every Sustainable Development Goal (SDG).

Why Fighting Corruption Matters

• Corruption has been identified as one of the biggest impediments to achieving the SDGs.
• It hinders millions from fully enjoying their human rights.

The Importance of Civil Society Engagement

Liechtenstein has also highlighted the importance of including civil society actors in the preparatory process for UNCAC. Civil society groups often suffer the most from corrupt practices but play an essential role in denouncing corruption.

Benefits of Inclusive Preparatory Process

• Contributions from experienced civil society, academia, NGOs, the press, and other relevant stakeholders are vital.
• An inclusive process ensures that diverse perspectives are taken into account.

Cooperation and Partnerships for Disrupting Illicit Financial Flows

The country has expressed its commitment to cooperation and partnerships for disrupting illicit financial flows. Liechtenstein presented a blueprint during this year’s high-level week of UNGA, equipping the global financial sector to prevent and combat crimes such as human trafficking and modern slavery.

Regulating New Technologies

Liechtenstein has taken steps to regulate new technologies, including blockchain, to avoid abuse and promote transparency. The country sees great potential in blockchain technology to increase transparency and help fight corrupt practices.

Keeping Pace with Rapidly Evolving Token Economy

However, it is essential that regulation keeps pace with the rapidly evolving token economy.

UNCAC: A Cornerstone of International Efforts Against Corruption

As UNCAC remains the cornerstone of international efforts against corruption, Liechtenstein will engage in the preparation process for UNGASS with a view to acknowledging that corruption itself is a structural obstacle to the enjoyment of human rights and sustainable development.