## Gatekeepers Advancing Integrity and Transparency (GAIT)

A workstream of the PACI Community.

Illicit financial flows (IFFs), involving funds from activities such as money laundering, corruption, fraud and tax evasion, undermine economic stability, distort market integrity and exacerbate social inequalities.According to the United Nations, money laundering alone accounts for annual global losses of $1.6 trillion, equivalent to 2.7% of global GDP. This staggering figure underscores the urgent need for international collaboration to combat these illicit activities and their detrimental effects on global development. Businesses play a key role in this fight and in fostering a sustainable society.


## What is PACI doing?

The Gatekeepers’ workstream by PACI builds on the Unifying Framework, introducing new opportunities for partners to lead the charge against illicit financial flows and corruption, focusing on specific industries. The goal of this workstream is to equip private sector gatekeepers such as accountants, bankers, lawyers and real estate agents, with industry-focused knowledge and resources.


# The Real Estate Deep Dive

A high-level framework outlining key principles to enable real estate companies to enhance their defenses against illicit financial flows.

[Explore the Principles](https://www3.weforum.org/docs/WEF_PACI_GAIT_Principles_Real_Estate_2024.pdf)


## Empowering gatekeepers amplifies the global fight against illicit financial flows, accelerating equitable, sustainable development.

By empowering gatekeepers, companies lay the groundwork for a sustainable future. They reduce inequality and ensure fair and efficient resource distribution. This not only contributes to growth and development but also conserves resources for sustainable development, which might otherwise be lost to corruption and illicit financial flows.


## Why engage?

The transnational and multi‑sectoral nature of illicit financial flows demands a transnational and multi‑sectoral response.


### Cultivate trust and integrity

Collaborate with industry bodies to establish sector standards that promote integrity, positioning your organization as an ethical leader and building trust with clients, investors, and partners.


### Build capacity

Allocate resources strategically to equip your team with the tools and knowledge necessary to actively and effectively counter illicit financial flows, setting a high bar for ethical conduct.


### Advance the SDGs

Position the fight against corruption as a central element of your sustainability strategy, demonstrating a commitment to responsible stakeholder capitalism.


### Join us and make an impact

[Contact us](https://weforum.eu.qualtrics.com/jfe/form/SV_af38noL8hELk7ie?PageOrigin=Institutional%20governance%20communities)