Financial Transparency Coalition

Take a look at some of today's top stories below: GFI in the News:

IRS makes good on threat to go after tax havens Inside Tucson Business, August 21, 2009 Top Stories

The British connection to Pinochet’s lost millions Belfast Telegraph

Liechtenstein’s Prince Alois Pledges Tax Rule Revamp (Update1) Bloomberg, August 24, 2009

Taking aim at tax havens Las Vegas Sun, August 24, 2009

Financial storm swirls around San Marino Times Online, August 23, 2009

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Demonstrating the ripples that have been caused by the U.S.-UBS case, Bloomberg has printed an article that reports that UBS will meet with the Canadian tax agency in order “to determine how much Canadian money is held offshore by the Swiss bank.” The article provides further detail, that, “Lawyers for the Canada Revenue Agency will meet with the Swiss bank in September, the Globe said, citing Minister of National Revenue Jean-Pierre Blackburn.” This will be an important conversation to keep an eye on and provides a welcome sign that the impact of the U.S.-UBS case will not be...

The Swiss Federal Prosecutor's Office said Friday it has opened an investigation into allegations a high-ranking Swiss government official was bribed for confidential information by a client of UBS AG (UBS).