Financial Transparency Coalition

Britain needs to enforce money laundering regulations more strictly after some of its leading high street banks accepted millions of pounds in deposits from corrupt Nigerian politicians, a graft watchdog said on Monday.

On Wednesday, October 6^th in Washington D.C., the Revenue Watch Index was co-launched by Revenue Watch Institute and Transparency International. This is an important step in the Promoting Revenue Transparency project, an important project advocating, among other things, country-by-country reporting of all extractive corporations, and not only those active on Wall Street. It is good to take a step back and know what this whole project is about. Why are we interested in the extractive industries? When there is money, there is a corruption risk, when there is big money, there is a big corruption risk, and oil...

An estimated $100 million in black money is laundered annually in Fiji.

The "low-tax nations" in this headline isn't generally referring to tax havens, (or secrecy jurisdictions, as we like to call them.) It is aiming at a different kind of low-tax nation, and it poses a question raised by U.S. Secretary of State Hillary Clinton, who said last month:

This is one of my pet peeves: Countries that will not tax their elites but expect us to come in and help them serve their people are just not going to get the kind of help from us that they have been getting . . . Pakistan cannot have a...