Financial Transparency Coalition

The Task Force on Financial Integrity and Economic Development called on the International Accounting Standards Board (IASB) this past week to adopt Publish What You Pay's (PWYP) proposal to require a country-by-country reporting standard in the extractive industries (oil, gas and mining). The standards proposed by PWYP (and supported by the Task Force and many other NGOs) would require companies to disclose the payments they make to the governments in which they operate. These standards are vital in assuring that multi-national corporations (MNCs) pay a just amount of taxes and that payments made between their subsidiaries are both...

Arab Bank contests US judge’s sanctions ruling The Jordan Times, August 1, 2010

Tax avoidance pact with Switzerland may be the key to secret accounts The Hindu Business Line, July 31, 2010

Amnesty on secret accounts disappoints Financial Times, July 30, 2010

Riddle of Haider's secret £40m: Cash found in European principality of Liechtenstein Daily Mail, August 2, 2010

Italy to remove Malta from taxation black list Times of Malta, July 31, 2010

NBR to follow Indian ways of checking tax evasion The Financial Express (India), July 31, 2010

Continue Reading

S.E.C. Charges Brothers With $550 Million Fraud New York Times, July 29, 2010

Treasure islands: Mapping the geography of corruption Pambazuka News, July 29, 2010

'Prince' Sarkozy praises Andorran subjects on tax AFP, July 29, 2010

High Price Of Havens Kyiv Post, July 30, 2010

U.S. hails Colombia as leader in anti-money laundering Xinhua, July 30, 2010

Banks embrace technology to curb illegal deals Business Daily (Kenya), July 29, 2010

Businessman accused of £115m 'ponzi' scam The Independent, July 30, 2010

Fiji's former prime minister pleads not guilty to...

CBN, EFCC, DataPro to sensitise Banks’ CEOs on money laundering Vanguard (Nigeria), July 28, 2010

Zambian parliament charged the current tax regime for the mines Steel Guru, July 29, 2010

Transparency International Rips OECD Anti-Bribery Enforcement Dow Jones, July 28, 2010

Report says Czechs, Slovaks fail to fight bribery in international trade CTK, July 28, 2010

Third-party agents still used by GE Financial Times, July 29, 2010

Diebold Discloses FCPA Investigation Main Justice, July 29, 2010

For General Petraeus, battling corruption in Afghanistan is a priority The Washington Post, July 29,...