January 14th, 2016
The U.S. Treasury Department today announced it will require people purchasing high end real estate in New York and Miami to disclose who they really are. Global Witness strongly welcomes this move, which will help stop the criminal and corrupt from hiding behind anonymously owned shell companies to launder the proceeds of crime through the
December 11th, 2015
Global Witness Statement on Proposed Section 1504 Rule Today the US Securities and Exchange Commission (SEC) announced a strong proposed rule to implement a landmark transparency law which requires US-listed oil, gas and mining companies to publish details of their payments to governments, broken down per country and per project, with no exemptions.
December 9th, 2015
WASHINGTON, DC – Illicit financial flows from developing and emerging economies surged to US$1.1 trillion in 2013, according to a study released Wednesday by Global Financial Integrity (GFI), a Washington, DC-based research and advisory organization. Authored by GFI Chief Economist Dev Kar and GFI Junior Economist Joseph Spanjers, the report pegs cumulative illicit outflows from developing
November 16th, 2015
PRESS RELEASE G20/OECD plans on automatic exchange of financial information and corporate profit shifting well intentioned but miss the mark on inclusion Leaders of some of the world’s largest economies have given their final approval to plans to cut tax evasion and increase corporate transparency, yet countries most affected by tax dodging and illicit flows