Impunity is when unlawful deeds go unpunished. A society that fails to punish perpetrators or allows them to escape fines has a weak rule of law. Countries that suffer from a weak judiciary system tend to have more impunity cases. A society that has a systematic sense of impunity will tend to have more cases of corruption as the lack of punishment fails to deter perpetrators.
CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI's mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore: