Financial Transparency Coalition

Global Financial Integrity (GFI), a Washington-based NGO and Coordinating Committee member of the FTC, has released a new report highlighting the drain that illicit financial flows have on countries in the developing world. But rather than look at the entire developing world, the report focused on five specific countries in east Africa: Uganda, Ghana, Mozambique, Kenya, and Tanzania. The report investigates trade mis-invoicing—the act of under or over-valuing goods so that a business can move money into our out of a country undetected—and estimates how much tax revenue these five countries...

The Africa Progress Panel, a group headed by former UN Secretary General Kofi Annan, launched the 2014 report "Grain, Fish, Money" today at an event in London. The report touches on everything from income inequality to illegal fishing activities that are quickly depleting Africa's oceans and gulfs. But no matter what topic was being discussed, a broader theme kept resurfacing: financial transparency.

International aid organization, Oxfam, released a new report last Thursday claiming there are a number of flaws with the Organization for Economic Co-Operation and Development's (OECD) plan to implement global tax reforms. The project, known as the Action Plan on Base Erosion and Profit Shifting (BEPS), attempts to address profit shifting, a process in which corporations move profits to subsidiaries in low-tax jurisdictions to avoid paying taxes where the profits were actually generated. Often, the countries in which the real profits were made are developing countries with higher corporate...

The Civil Society 20 (C20) has released draft position papers ahead of their summit in June, and, once again, they are looking for your input. The global network of civil society organizations solicited public comments in an online conversation earlier this year, and incorporated the feedback into the position papers. These documents will guide the group's campaigning and conversations with policymakers involved in the G20 summit taking place in Brisbane, Australia later this year.