https://phaidrabg.bg.ac.rs/o:32415 eng Abstract: Expecting 2030, the humanity has defined a broad list of goals related to sustainability as one comprehensive goal which should be achieved. The position of Developing countries especially during these several, very frequent crises in recent times, has shown the depth of the financial gap. The Sustainable Developments Goals achievement is threatened, among other factors, by the financial resources` drying up, partly through illicit financial flows. These financial flows, instead of its disappearance, were supposed to be the basis for development. The reduction of illicit financial flows is activity of many Developing countries and it is based on numerous conventions and agreements, created by international institutions, primarily the United Nations. These activities, beside the registration of illicit financial flows, have the aim to take measures for their prevention, as well as implementation of measures for return of stolen assets. The prevention is oriented towards preventive anticorruption policies and practices implementation, public reporting, enhancing the transparency, preventing the corruption. The aim of this paper would be pointing out all sorts of illicit financial flows, finding different ways of distinguishing them, defining their purpose, as well as unifying methods for their statistical monitoring and evaluation and strengthening the further directions of many world governments. Numerous experiences of countries concentrated to return stolen assets that way will be pointed out, too Keywords: Illicit financial flows, sustainable development goals, prevention, anti-corruption measures, tax havens 2023 http://creativecommons.org/licenses/by-nc-nd/4.0/legalcode application/pdf 217177 bytes info:eu-repo/semantics/conferenceProceedings Popović Petrović, Ivana 18th SCF International Conference on “Sustainable Development in a Global Perspective” The Illicit financial Flows Reduction as Important Sustainable Development Goa