Financial Transparency Coalition

Transparency International, the global anti-corruption movement, condemns the guilty verdict and sentencing of Antoine Deltour and Raphaël Halet, the two whistleblowers who revealed secret tax rulings between the Luxembourg authorities and multinationals, known as “LuxLeaks”.

There is a quote that says – “it’s easier to lie in public”. As the world continues to work towards curbing illicit financial flows, it is acknowledged that transparency is a key ask in the fight. Related to this, the Anti- Corruption Summit 2016 was held in London and brought countries from around the world

PRESS RELEASE FOR IMMEDIATE RELEASE BRUSSELS–Members of the European Parliament agreed today to strengthen the Anti-Money Laundering Directive, a crucial tool for both the EU and third countries in the fight against corruption and tax abuse. The European Parliament has agreed with the European Commission’s proposal calling for public disclosure of information about who really owns

It is prevailing wisdom that a country’s head of state, minister of finance, or other elected officials would be the ones setting the rules of its financial system. Taxation, finance and monetary systems are cited as the quintessential “sovereign” issues, where a state exercises full control. But this is not always the case. While national-level