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How to Combat Illicit Financial Flows During a Pandemic
March 17th, 2021
Curbing illicit financial flows (IFFs) under typical conditions is difficult—but trying to do so on top of battling a pandemic is a recipe for even more challenges. From travel shutdowns to figuring out digital collaboration, the past year has been one of constant obstacles and struggles. In addition to everything the Covid-19 pandemic threw our
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Five Key Takeaways from UN FACTI Panel Release
March 11th, 2021
Last week, the United Nations High-Level Panel on Financial Transparency, Accountability, and Integrity (FACTI) Panel released its much-anticipated findings. The momentous release, as FTC wrote in response, “established a new global standard on financial transparency.”
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FTC welcomes UN FACTI’s recommendations, but warns they need to be urgently implemented
February 25th, 2021
The Financial Transparency Coalition (FTC) welcomes the landmark final report by the UN’s Financial Accountability, Transparency, and Integrity (FACTI) Panel, as it established a new global standard on financial transparency and tax co-operation, exceeding current international standards. We call on governments to urgently implement these new standards and expectations, and to support the public interest
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