Financial Transparency Coalition

The recent moves by the Panamanian government to clean up its image in the wake of the Panama Papers scandal may eventually lead to a more transparency and accountable financial sector. But only if the pressure is kept on the Panamanian government.

In Tax Justice Network’s August 2016 podcast: The Big Four accountancy firms: Are they in fact more like the Big One? And should they be broken up?

This week, The Clearing House Association, a major trade association for U.S. commercial banks, endorsed legislation requiring the collection of information about the real owners of U.S. companies (S. 2489/H.R. 4450). The Clearing House Association is the oldest banking association in the U.S., and it advocates on behalf of the largest U.S. commercial banks, such as

We’ve known for a while that anonymous shell companies have been used to purchase property everywhere from London to Los Angeles. Funneling potentially illicit money into high end real estate has turned out to be an easy way to bypass many of the checks that might be necessary if you moved the money into a bank