Financial Transparency Coalition

The 2011 annual Task Force conference is now underway in Paris, France. You can watch a live stream of the conference broadcast in both French (here) and English (here). You can also participate with the conference on Twitter. We're accepting questions for each panel via Twitter at #TFConf2011 (for English) and #TFConf2011fr (for French).

This fall is shaping up to be a critical season for financial transparency. As the Task Force on Financial Integrity and Economic Development prepares for its annual conference on October 6-7, key decisions on country-by-country reporting are anticipated in the U.S. and from the European Commission. Meanwhile, international attention to tax loss facilitated by financial secrecy continues to grow as the global economic crisis drags on. Recently, PWYP Norway’s Piping Profits report highlighted the role regulatory gaps can play in shaping the tax strategies of multinational companies, often to the fiscal detriment of the countries they operate in. The report...

Cayman 2nd in TJN’s new secrecy index Cayman News Service, October 3, 2011 Tax Justice Network says Canada must do more to address financial secrecy National Union of Public and General Employees, October 5, 2011 EU Commission to call for global transaction tax at G20 Reuters, October 5, 2011 At G-20 meet, FM to seek

Teodoro Nguema Obiang has controlled Equatorial Guineasince he executed his uncle in a bloody coup d’état in 1979. Equatorial Guinea is a country in Middle Africa on the coast. It is one of the smallest and wealthiest countries in the continent, in large part because it holds Africa’s largest oil reserves. Yet the wealth is extremely concentrated in the hands of the government and the ruling elite. As a result over 75% of the population lives below $2 per day, 35% of its citizens do not live past the age of 40, and nearly 60%...