Financial Transparency Coalition

Last week, a draft of the European Commission’s proposal to address country-by-country reporting (CBCR) was leaked to the press. The official proposal, scheduled to be released publicly on April 12th, marks the first time the European Commission has come together collectively in support of public CBCR, and was considered a major breakthrough by tax justice

There has been a big push in recent years to make government data open so citizens know where their tax money is spent– from snow collection in Chicago and broken street lights in Tbilisi, to what public officials declare about their assets in Mexico and their lobbying meetings with companies in the EU. While data

PRESS RELEASE The Scottish Government today introduced ground-breaking new measures to bring land ownership into the open, in a move strongly welcomed by Global Witness. These efforts will make it much easier for people in Scotland to know who is really behind ownership of land and hold those people to account. 

From Argentina’s La Nacion newspaper: “Switzerland has denied the Argentine judicial authorities information about 4,000 or so Argentine-owned bank accounts in Switzerland, saying that Argentina’s request had no solid foundation.” This concerns data revealed by an HSBC whistleblower, Hervé Falciani, which has caused a political storm in many countries and forced Falciani to go into hiding.