July 16th, 2014
Last week, the International Consortium of Investigative Journalists (ICIJ)
announced that it had received troves of data on a number of wealthy UK individuals that held money in an offshore bank in the Channel Isles, a British crown dependency and well known tax haven.
The ICIJ, along with
The Guardian newspaper, dissected the documents, and
released a
number of
stories outlining some of their findings. One of the more interesting tax arrangements uncovered seems to be that of the owners of
Nando's, the worldwide restaurant chain famous for its chicken dishes.
July 9th, 2014
The International Consortium of Investigative Journalists (ICIJ) and
The Guardian have received troves of documents exposing the offshore banking activities of thousands of wealthy individuals. The information, which was leaked to the ICIJ, highlights the activities of a major private bank in the Channel Islands, a British crown dependency.
According to ICIJ, the list of clients includes "donors to the British government, which has been outspoken against tax havens, and some of the most prominent people in British life."
July 3rd, 2014
While Brazil is the only member of the BRICS (Brazil, Russia, Indian, China, South Africa) bloc still alive in this year's World Cup, members from all five nations will reconvene on the Brazilian town of Fortaleza, just days after the tournament's conclusion.
The 2013 BRICS Summit, held in South Africa, reaffirmed the group's commitment to economic development and stability. Ahead of this year's summit, which will be held July 15-17, the FTC offered a submission to the group on how and why financial transparency issues are vital to BRICS' agenda.
You can read the full submission
here.
July 3rd, 2014
In March, we released the
first edition of the newly-reinstated FTC Newsletter. The aim of the document is to help inform journalists, allied organizations, governments, and the general public on the work we're doing, as well as the progress made on our policy issues.
We've
now released the second edition, which covers our work from April to June.
