Financial Transparency Coalition

Below the jump: a fantastic infographic on how money is hidden by large U.S. corporations in tax havens. Definitely worth clicking a "read more."

The solutions to problems are often implicit in the way they are framed. If I tell you my car won’t start, you might tell me to consult a mechanic. If, on the other hand, I tell you I can’t find my keys, well, we have a completely different problem. In public policy, frames can often conflate symptoms with causes, other times, such as with the example I gave, they just obscure a possible solution. But frames turn out to be fundamentally important to the problems’ solutions. As Albert Einstein once said, “If I had an hour to solve a problem...

Money launderers, corrupt politicians, terrorists, arms traffickers, drug smugglers, and tax evaders all rely on two things to move their dirty money: company structures that allow them to hide their identity, and banks and other professionals willing to do business with them. Both are all-too available. This Global Witness briefing explains the problem of hidden company ownership, the ease with which the corrupt can set up anonymous companies and trusts, and how this is a major barrier in the fight against poverty. With this issue quickly rising up the political agenda, this briefing also explains what can be done to...

Former United Nations Secretary General Kofi Annan released a statement late last week, in advance of the Africa Progress Panel's May 10th report, Equity in Extractives. The statement is short, but sweet: