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September 21st, 2016
PRESS RELEASE Latest revelations further the case for public registers of the real owners of companies In a late-day release, the International Consortium of Investigative Journalists have published a new set of leaked documents that only embolden the growing number of voices calling for increased transparency in the financial system. The documents, dubbed ‘Bahamas Leaks’,
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September 8th, 2016
PRESS RELEASE Call follows alarm over range of threats to investments from anonymous company owners Washington, DC — Today global investors managing over $740 billion in assets are calling for the U.S. government to require all American companies to report their real owners and to keep that information updated. This call comes as Global Financial
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September 6th, 2016
PRESS RELEASE Amended UK Finance bill gives government power to publish details of tax payments by multinational corporations On Monday, the UK government agreed to an amendment to the Finance Bill that would enable the UK tax authority, HMRC, to publish country by country financial reports of UK-headquartered multinational corporations. Country by country reports show
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August 31st, 2016
For the last few years, the G20 has been writing the script on financial transparency. Just last year, at the 2015 Summit in Turkey, G20 leaders signed off on two important measures being implemented by the Organization for Economic Cooperation and Development (OECD) to cut down on cross-border tax abuse and multinational profit shifting. But
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