Financial Crime World

Solomon Islands Takes a Stronger Stance Against Corruption

Tackling Corruption Head-On

The National Parliament of Solomon Islands has passed an amendment to the Anti-Corruption Act 2018, introducing stricter measures to combat corruption in the country. The Anti-Corruption (Amendment) Act 2019 aims to strengthen the independence and effectiveness of the Solomon Islands Anti-Corruption Commission.

Key Provisions of the Amendment

  • Increases the eligibility criteria for the appointment of the chairperson of the commission
  • Requires the nominating committee to nominate a person who is qualified for appointment as a judge of the High Court of Solomon Islands or has previously served as a judge
  • Enhances the credibility and impartiality of the commission

Implementation and Effectiveness

The Anti-Corruption (Amendment) Act 2019 was assented to by Governor-General David Vunagi on September 17, 2019, and will come into effect once a commencement date is specified by the Minister through a Gazette notice. The new law is expected to provide a stronger deterrent against corruption in Solomon Islands.

A Crucial Step Towards Good Governance

Solomon Islands has been working to improve its anti-corruption framework in recent years. The country’s economy has faced challenges related to corruption, which has hindered economic growth and development. The government’s efforts to strengthen the Anti-Corruption Commission are seen as a crucial step towards reducing corruption and promoting transparency.

A Significant Step Towards Enhanced Anti-Corruption Laws

With this amendment, Solomon Islands is taking a significant step towards enhancing its anti-corruption laws and regulations. The new law demonstrates the country’s commitment to upholding good governance principles and protecting public resources from corrupt practices.

The full implications of the Anti-Corruption (Amendment) Act 2019 will be closely monitored by observers, who hope that it will lead to a reduction in corruption and improved economic outcomes for Solomon Islands.