Financial Transparency Coalition

Offshore Asset Protection BLOG - Bob Bauman: He’s Baaaaaack! Levinism Redux.. Give Bob Bauman of the Sovereign Society credit for one thing: he did not take long to react to Carl Levin’s speech last night. Of course, all he says is wrong - but Bob’s that sort of guy. Then note how he ends:

"We are on the right side of history at the right time."

So said Raymond Baker in his opening conference comments this morning. And I agree with him. The Task Force on Financial Integrity and Economic Development is a unique global coalition of civil society organizations and more than 50 governments working together to address inequalities in the financial system that penalize billions of people. Launched by Global Financial Integrity in January 2009, the Task Force advocates for greatly improved transparency and accountability in the global financial system. The Task Force advocates five priorities:

Sen. Levin Calls For Tax Haven Sanctions In Run-up To G-20.

U.S. Sen. Carl Levin of Michigan wants the U.S. to propose stiff sanctions at this month’s G-20 economic summit for banks and countries that harbor the assets of tax evaders.

In a Tuesday letter to President Obama, Levin said the U.S. should seek Group of 20 approval of sanctions for tax havens, including prohibiting G-20 banks from doing business with financial institutions that are found to be impeding tax enforcement.

Having spent two, successful days at the World Bank attention shifts a few blocks today to the 2009 Annual Conference of the Task Force on Financial Integrity and Economic Development will take place this week in Washington, DC (16th and 17th September 2009). Venue: Ambassador Room, Hilton Embassy Row Hotel. I am delighted that Tax Research UK becomes a member of the Task Force in its own right this week. It’s a considerable honour to join the likes of Christian Aid, Global Witness, Transparency International, Tax Justice Network and others as members of this organisation that has one goal, which...