Financial Transparency Coalition

 ONE Campaigner and Africa Policy Advisory Board member John Githongo reminds us in a recent blog post that “corruption is a global problem”. He points out that proposed amendments to the European Union's anti-money laundering directive, to be voted on January 22, could have positive effects felt around the world. In order to convince EU MEPs to curb money-laundering and STOP ALLOWING CRIMINALS TO STASH THE CASH, Githongo suggests sending them virtual postcards, and includes some models in his blog. http://www.one.org/international/blog/tell-meps-stop-allowing-criminals-to-stash-the-cash/

It is difficult to overstate how important the ICIJ’s “Offshore Leaks” probe has been to furthering the cause of financial transparency around the world. A blog on the organization's website, release of offshore records draws worldwide response provides a "best-of" list, which makes for fabulous and inspirational reading. Many thanks to the ICIJ team for their invaluable work.

Last week, the Wall Street Journal reported that the U.S. Justice Department has indicated it will step up its enforcement of anti-money laundering (AML) rules among financial institutions and boost its efforts to safeguard U.S. banks from illicit financial flows. As the article points out, this comes as no surprise to those of us who have watched this issue—prosecutors in the United States have been bringing more cases against banks using the Banking Secrecy Act and DOJ has aggressively pursued both domestic and international banks for deficient money laundering controls. The DOJ’s efforts are laudable, but unfortunately they expose a...

The Center for International Policy (CIP) is a non-profit founded in 1975 to advocate for a foreign policy that promotes cooperation, transparency and accountability in global relations. CIP’s programs advocate policies that advance international cooperation, demilitarization, respect for human rights, and action to alleviate climate change and stop illicit financial flows. The international secretariat of the Financial Transparency Coalition (FTC), which CIP hosts, seeks an intern to work with us during the 2014 spring semester. The FTC intern will answer directly to the FTC Administrator and contribute to multiple FTC projects. This will range from contributing to blog posts to...