concept   financial transparency
culture   Corruption-prone regions
statement   In corruption-prone regions, weak regulations lead to lack of financial transparency and prevalence of illicit activities.
2 similar statements
# Concept Culture Statement Freq.
1 financial transparency Corruption-prone regions Financial transparency is often lacking, with a culture of opacity in business and financial dealings. 1
2 money laundering Corruption-prone regions Common practice due to weak regulations and enforcement, often involving illegal proceeds from criminal activities. 1