Financial Transparency Coalition

The Center for International Policy (CIP) is a non-profit founded in 1975 to advocate for a foreign policy that promotes cooperation, transparency and accountability in global relations. CIP’s programs advocate policies that advance international cooperation, demilitarization, respect for human rights, and action to alleviate climate change and stop illicit financial flows. The international secretariat of the Financial Transparency Coalition (FTC), which CIP hosts, seeks a motivated, highly adaptive New Media & Press Coordinator to join its communications team. This is an exciting opportunity to contribute to the communications of an influential coalition of civil society, governments, and experts who have...

Technological advancements in currency are already challenging our efforts toward transparency. As I’ve discussed before, digital currency, most notably Bitcoin, grant added flexibility and opacity to the international financial system for criminals, money launderers, and tax evaders. If trends continue on their current trajectory, these technological developments, namely digital currency, will represent a significant obstacle to stemming the continued tide of illicit financial flows from developing countries. Yet there are other technological—and digital—pathways for criminals to launder money. These are still not well-understood, but are nonetheless vitally important. The earlier—and better—we can understand them, the better our chance of tackling...

The doors of international institutions can be very far away from many civil society organizations, both literally in terms of distance and expense to get there, and figuratively in terms of whether the international institutions know enough about the organization to extend an invitation to you. This leaves many civil society organizations around the world very much outside the process of international standard setting. I am pleased to report that you don’t need an invitation to attend the OECD’s consultation meeting on transfer pricing documentation and country by country reporting, set for November 12 and 13 in Paris. ...

This blog originally appeared on European Development Days' website. Earlier this month, the Financial Transparency Coalition organised the conference ‘Towards Transparency: Making the Global Financial System Work for Development’ in Tanzania. There, African civil society organisations and a coalition of leading international development organisations called on global policymakers to adopt measures to counter the hundreds of billions of euros siphoned out of the continent through money laundering and industrial-scale corporate tax avoidance. The Africa Progress Panel led by Kofi Annan has estimated in its 2013 report that Africa loses twice as much in illicit financial flows as it receives in international...