Financial Transparency Coalition

Mountaintops provide a convenient symbol for anything from achievement to power. So it doesn’t come as a surprise that the meeting of the world’s twenty most powerful leaders is called the G20 “summit.” Actually, the copycat nomenclature runs far deeper. For instance: the diplomats who lay the groundwork for the G20 leaders’ trip to the summit? They’re dubbed “Sherpa,” with a dash of self-aware irony, after the Nepalese guides who help mountaineers scale peaks inNepal. And with what may be a move to thrash the symbol to death, the G20 Sherpa’s aides are called “yaks.” It...

Reveal names of black money account holders to public: L K Advani to govt The Economic Times, November 2, 2011 Is Switzerland Losing Its Status As An International Tax Haven? PolicyMic, November 2, 2011 LEVIN: Want to cut the deficit? End offshore tax abuses Argus-Press, November 1, 2011 Tax Evaders Face Greater Scrutiny as National

TJN is delighted that a long term investigation into how Eastern European criminals and politicians have been using secrecy jurisdictions to hide the proceeds from their crimes has been selected as one of the two overall winners of this year's Daniel Pearl Award for cross-border investigative journalism. TJN has been involved in this investigation, along with our colleagues at Global Financial Integrity and Global Witness, and our Financial Secrecy Index, which placed the USA at the top of the ranking, and drew specific attention to how Delaware, Nevada and Wyoming provide offshore secrecy, is also cited in the report.

Read of the Week: The Uphill Battle Against Money Laundering The Council on Foreign Relations Blog, October 28, 2011 SC to hear plea for recovery of looted wealth today Dawn.com, October 31, 2011 The Corruption Trap INSEAD Knowledge, October 24, 2011 100Reporters Launches — Groundbreaking New News Organization with Focus on Exposing Corruption in Governments,