Financial Transparency Coalition

Tax havens: G20 has failed to crack down, says campaign group Guardian, October 3, 2011 Follow the Money Foreign Policy, October 3, 2011 Liberia, India Exchange Tax Info Liberian Observer, October 4, 2011 Stateless income Reuters (Column), October 4, 2011 Tax haven: Dutch hypocrisy in times of crisis Radio Netherlands Worldwide, October 4, 2011

This post is part of our series from speakers at the Task Force's 2011 annual conference, taking place in Paris October 6-7. For more information on the conference and to view live webcasts of the presentations in English and French, click here. You can also follow the conference on Twitter and submit questions for the presenters at #TFConf2011, or #TFConf2011fr for French. Large inequalities, both of income and wealth, have been steadily rising since the 1970s and 80s. Today, the top 20 percent of the population holds 70 percent of the total income. Inequality is far...

Financial Secrecy Index – the G20’s broken promise October 4, 2011. Today we launch our 2011 Financial Secrecy Index, the biggest investigation of global financial secrecy in world history. It combines a secrecy score with a weighting to create a ranking of the countries that most aggressively provide secrecy in global finance. The new FSI, which follows our inaugural index of 60 jurisdictions published in 2009, considers 73 jurisdictions to reveal a world where most of the biggest suppliers of secrecy are either OECD countries, EU members, or their dependencies. Britain plays an especially prominent role. Secrecy is alive and well World...

This image comes from the Hindustan Times. I’m reproducing it. It shows just how important the British Overseas Territories are to the City of London and the tax abuse it promotes. And remember, it misses off the Crown Dependencies of Jersey, Guernsey and the Isle of Man.