Financial Transparency Coalition

Offshore Centers Attract Larger Share Of Illicit Funds--Report Dow Jones Newswires, May 13, 2010

Companies Dodge $60 Billion in Taxes Even Tea Party Condemns Bloomberg, May 14, 2010

Swiss Whittle Away at Banking Secrecy The New York Times, May 13, 2010

Swiss court requested to allow I-T to probe Hasan Ali's wealth The Economic Times, May 13, 2010

Obama committed to passing free-trade deals: Clinton Reuters, May 12, 2010

Faisal Shahzad used "Hawala" System to Get Money, Sources Say CBS News, May 13, 2010

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WASHINGTON, D.C.—A report released today from Global Financial Integrity (GFI) examines where trillions of dollars in illicit finances—the proceeds of crime, corruption, and tax evasion—are being deposited. The new report, The Absorption of Illicit Financial Flows from Developing Countries: 2002-2006, rounds-out the groundbreaking analysis put forward in GFI’s 2008 report Illicit Financial Flows from Developing Countries: 2002-2006, which estimated that the developing world was losing $1 trillion per year to illicit financial practices. The report will be revealed at a media event May 13th,...

Government woos parties over UBS data Swissinfo.ch, May 12, 2010

Swiss parliament nears deal on U.S. tax deal impasse Reuters, May 12, 2010

Swiss Bank Regulator Was Blinded by UBS Image, Government Says Bloomberg, May 12, 2010

Denmark: Tax Amnesty Mondaq News, May 12, 2010

Complicit in Corruption: How German Companies Bribed Their Way to Greek Deals Der Spiegel, May 11, 2010

Tax Evasion: Oil Giant SAIPEM in N14bn Dispute This Day (Nigeria), May 12, 2010

Four Irish firms implicated in Brussels probe RTÉ (Ireland), May 12, 2010

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From Christian Aid: LONDON—Christian Aid has teamed up with football supporter groups to highlight the damage caused by the secrecy offered by tax havens – and demand that the rules be changed. Blowing the Whistle: Time’s Up for Financial Secrecy, reveals how the same tax-haven secrecy that allows football club owners to hide their business practices – and even their identities – is also facilitating massive tax dodging in developing countries. And while such practices are threatening to ruin the beautiful game, for people in the...