Ethics and governance in the European Financial centers

The Luxembourg "Fonds de lutte contre le trafic des stupéfiants" (Fund for the Fight against Drug Trafficking) was created in 1992 in application of a provision of the 1988 United Nations Convention Against Illicit Traffic and Psychotropic Substances inviting signatories to provide funds derived from assets seized in drug trafficking cases to the UN for its work in this field.
The contribution of the Luxembourg Fund is the basis for the country's status as a major donor to UNDCP (United Nations International Drug Control Programme). In addition to financing international drug control through UNDCP intergovernmental.

"Luxembourg's contribution to UNDCP's work and programmes is a tangible sign of the commitment of the country in the field of drug control" stated in 1999 UNDCP Executive Director Pino Arlacchi. "I hope that other countries will follow Luxembourg's example" he added.

The last report relating to year 2004 was issued in September 2005.

Press release : Luxembourg Contributes to UN Anti-Drug Efforts through a Special Fund of Assets Seized from Drug-related Criminal Activities

Last report available in French (2004)



Contact

Fonds de lutte contre le Trafic des Stupéfiants
Name: Jean-Luc KAMPHAUS
Address: 3, rue de la Congrégation, L - 2941 Luxembourg
Tél: 478-2712
Fax: 46 62 12 , 478-2612

Callum McCarthy, Chairman, FSA, was speaker at the IIB Singapore Meeting on 18 September 2006. He developed the topic "The Challenge of Basel II for Regulators".

See his speech

FSA published a speech given by Philip Robinson, Financial Crime Sector Leader, at the Cambridge Economic Symposium (6 September 2006)

See speech