Financial Transparency Coalition

Lindsey Manufacturing Defendants Convicted On All Counts Wall Street Journal (Corruption Currents), May 10, 2011 Costa Rican firm opposes Alcatel $137 million settlement with US over foreign bribery Associated Press, May 11, 2011 Big transparency wins for Ghana Oxfam America, May 9, 2011 High number of suspicious bank transactions reported in B.C., says FINTRAC Vancouver Sun, May 11, 2011 Argentina passes anti-money laundering bill Press TV, May 11, 2011 ‘Banking Havens Aid the Corrupt’ The Jakarta Globe, May 11, 2011

Copied from the Treasure Islands site: This headline is translated from that of an article in the French newspaper L'Expansion which is in French, with a rough web translation here. It is commenting on a report from the French government's Centre d'analyse stratégique (Centre for Strategic Analysis.) The report identifies 50"Offshore Financial Centres (OFCs)" or "prudential havens" as it calls some of them, and the newspaper summarises the report by saying

"These OFCs have played a major role in the production of financial engineering for the rest of the world. Their degree of financial integration with...

In the wake of Egypt’s revolution that forced President Hosni Mubarak to step down on February 11th, the country’s interim government has been making a lot of changes, including taking action against the former administration. The government imprisoned a host of powerful former statesmen under Mubarak including Gamal and Alaa Mubarak, sons of the former president, all of whom authorities detained for 15 days and questioned about corruption and abuse. Also imprisoned were Ahmed Nazif, the former prime minister; Zakaria Azmi, the president’s right-hand man; and Fathi Sorour, the former speaker of Parliament. In April, Egypt’s...

Mineral certification: The path to end Congo’s violence? Alert Net, May 6, 2011 UK Bribery Act may alter Africa Business Report (South Africa), May 10, 2011 Greece in line of fire over inability to hit targets Financial Times, May 9, 2011 Respekt: Bad Czech legislation attracts foreign criminals Prague Monitor, May 9, 2011 Sebi warns bourses on money from Iran, North Korea Press Trust of India, May 10,2 011 SEC Cracking Down on Foreign Shell Cos. CFO, May 9, 2011