Financial Transparency Coalition

Today, a bi-partisan group of lawmakers introduced legislation that would begin to lift the veil that currently shrouds company ownership in the United States. And this is good news, because the US has a long way to go if it’s to join those leading the way on financial transparency.

On Monday, we announced a few changes taking place soon at the FTC. Please find the full letter below from FTC’s Director, Porter McConnell, and Programs Manager, Sarah Vaugeois:

Financial secrecy deprives countries, especially developing ones, of key revenue resources by eroding their tax base. India must thus build a robust legal system to lift the veil of secrecy on both onshore and offshore financing. ‘Paper companies’, more commonly known as shell companies, are entities with low or no real economic activity, where the

As we mentioned recently on our blog the 3rd International Conference on Beneficial Ownership Registries took place in Buenos Aires on June 21st-22nd at Argentina’s Central Bank. This was another successful event attended by the Tax Justice Network’s Andres Knobel, who reports back to us here on the dicussions there:More than 150 people participated in the