"Central Vigilance Commission has been chosen to lead the global task force and prepare a knowledge management system. It will be a first-of-its-kind which will help in promoting international cooperation in anti-corruption measures," Kumar said.
It will help in dealing effectively with transnational crimes and check on illegal proceedings, he said.
The knowledge management system will also facilitate exchange of information about anti-corruption organisations, systems, procedures, practices and experiences among anti- corruption authorities and other stake holders across the world, Kumar said.
The decision to assign the role of heading the task force to the probity watchdog was taken recently by International Association of Anti-Corruption Authorities (IAACA), an independent, non-political anti-corruption organisation of more than 300 members including India.
A preliminary meeting of the task force was held on October 4 at Kuala Lumpur to work out a future course of action.
The project involves development of a centralised user friendly information handling system to gather data about anti-corruption activities around the world and process them into information useful to all stakeholders.
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The CVC will provide the infrastructure, facilities and secretariat services to the task force which would function from the Commission's office here. "A fully functional knowledge management facility is expected to be set up within a year," Kumar said.
The members of the task force includes Luiz A F Navarro, Deputy Controller General, Brazil, Y E Feng, Secretary General, IAACA, Eduardo Vetere, Vice-President, IAACA, Italy, Dimitri Vlassis, Chief Corruption and Economic Crime, UNODC, Vienna and Francesca Recanatini, Senior Public Sector Specialist, World Bank.