Corruption in Argentina remains a serious problem. Argentina has long suffered from widespread and endemic corruption. Corruption remains a serious problem in the public and private sector even though the legal and institutional framework combating corruption is strong in Argentina.
A 1996 article in The New York Times noted that "payoffs, kickbacks and government corruption are considered part of everyday life" in Argentina.[1] Bribery and fraud are also found common among the private sector, and the lack of transparency in government regulations and laws has triggered an increased uncertainty among investors.[2]
The Financial Action Task Force removed Argentina from its "gray list" in October 2014, noting significant progress made by the country in improving its legislation and procedures against money laundering and illicit financing.[3]
- ^ Sims, Calvin (Mar 9, 1996). "I.B.M. Contends With a Scandal In Argentina". The New York Times.
- ^ Business-Anti-Corruption Portal
- ^ "Argentina is no longer grey". Buenos Aires Herald. 20 October 2014.