Financial Transparency Coalition

A report from Spanish observatory on foreign affairs from the Fundación alternativas, reveals that measures adopted by the G20 to fight against tax havens and tax evasion have not been implemented yet. The report entitled “The fight against tax havens and tax evasion: Progress since the London G20 summit and the challenges ahead” proposes ways to implement measures that have already been adopted. The financial crisis in 2008 highlighted the harmful effect of tax havens on the economy of developed and developing countries. It was a key issue at the G20 London Summit in April 2009, where leaders...

UN Security Council Sanctions Ivory Coast’s Gbagbo, Wife, Top Aides Wall Street Journal (Blog), April 1, 2011 Interview – US Treasury: Libya Frozen Assets to Keep Rising Reuters, March 30, 2011 Gadhafi’s gas stations pose dilemma for Europe Associated Press, April 1, 2011 Regulators Like Self-Reporting, Some Attorneys Aren’t Sure Wall Street Journal (Blog), March

In the spring of last year, the United Kingdom passed the Bribery Act of 2010, which the Ministry of Justice hoped would reform “the criminal law to provide a new, modern and comprehensive scheme of bribery offences that will enable courts and prosecutors to respond more effectively to bribery at home or abroad.” Before the creation of this Act, the UK’s policy on anti-bribery was based on a body of three laws: the Public Bodies Corrupt Practices Act 1889, the Prevention of Corruption Act 1906 and the Prevention of Corruption Act 1916. David Aaronberg, a UK criminal attorney,...

Egypt says U.S. dragging its feet on freezing Mubarak assets Washington Post, March 31, 2011

Kenneth Clarke denies weakening new anti-bribery law The Guardian, March 31, 2011

Swiss miss out as Arab capital flies to London Reuters, March 31, 2011

Vatican Seeks to Clamp Down on Its Finances Wall Street Journal, March 31, 2011

Panama Set to Pass Tax Deal Next Month, U.S. Trade’s Sapiro Says Bloomberg, March 31, 2011