Requests the intergovernmental open-ended expert group referred to in General Assembly resolution 55/61 to consider, within the context of its mandates, the following issues, inter alia, as possible items of work to be included in the draft terms of reference for the negotiation of a future legal instrument against corruption: (a) strengthening international cooperation in preventing and combating the transfer of funds of illicit origin, including the laundering of funds derived from acts of corruption, and promoting ways and means of enabling the return of such funds; (b) developing the measures necessary to ensure that those working in banking systems and other financial institutions contribute to the prevention of the transfer of funds of illicit origin derived from acts of corruption, for example, by recording transactions in a transparent manner, and to facilitate the return of those funds; (c) defining funds derived from acts of corruption as proceeds of crime and establishing that an act of corruption may be a predicate offence in relation to money-laundering; (d) establishing criteria for the determination of countries to which funds, referred to above, should be returned and the appropriate procedures for such return.

Adopted without vote, 40th plenary meeting

In: Resolutions and decisions of the Economic and Social Council, organizational session for 2001, New York, 29-31 Jan. 2001; resumed organizational session for 2001, New York, 8, 13 and 22 March, 3 May and 4 June 2001; substantive session of 2001, Geneva, 2-26 July 2001; resumed substantive session of 2001, New York, 10 and 24 Oct. and 20 Dec. 2001 - E/2001/99 - p. 35-36 - (ESCOR, 2001, Suppl. no. 1).