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Moving toward exposing corporate secrecy in World Bank contracting
July 22nd, 2015
Yesterday, the World Bank committed to examine ways to collect and publish information about the real owners of companies (also called “beneficial owners”) participating in Bank-financed contracts. We welcome the Bank’s leadership as the impact of its new procurement policy stands to affect a portfolio of about US $42 billion invested in more than 1,800
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Failure in Addis Ababa: trouble ahead for development
July 15th, 2015
PRESS RELEASE Tonight, the Addis Ababa outcome was closed. The final outcome rejects the proposal of establishing an intergovernmental UN body on tax matters, and instead introduces some minor changes to the existing UN expert committee. This means that the OECD will remain the only intergovernmental body that adopts global standards on tax matters.
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