Financial Transparency Coalition

Press Release for Immediate Release BRUSSELS—After months of negotiations, debate, and dialogue, the European Parliament has formally adopted the 4th Anti-Money Laundering Directive (AMLD), setting the stage for a public discussion on what further measures are needed to combat tax evasion, money laundering, and other illicit flows. “While the final adoption of the text is

Moldova somehow lost $1 billion, and no one is quite sure where it went. The small country of Moldova, wedged between Ukraine and Romania, has dealt with a number of struggles over the past few decades, and it remains one of Europe’s poorest countries. Almost 40% of the country’s working age population works abroad, and nearly 30% of the

Our colleagues at the Tax Justice Network have just released the latest edition of their quarterly newsletter, Tax Justice Focus. This edition, edited by TJN’s Liz Nelson, looks at the issue of gender and how it intersects with tax, and human rights.

There’s a lot of work to be done to curb illicit financial flows. Though we’ve seen substantial movement towards financial transparency over the past few years, it’s important that we keep advocating for the common sense initiatives that will help curb the nearly $1 trillion leaving developing countries illicitly every single year. Media and communications work is