Financial Transparency Coalition

PRESS RELEASE As 6th Financial Transparency Conference ends, work on illicit financial flows is only getting started Though local and regional contexts vary, participants from around the world see common thread in issues of tax and transparency  

PRESS RELEASE The Organization for Economic Cooperation and Development (OECD) has released its Base Erosion and Profit Shifting (BEPS) project outcomes in an effort to cut down on tax avoidance by multinational corporations (MNCs), but because vital information from the new reporting effort won’t be made public, questions linger on what good it will do

PRESS RELEASE SwissLeaks money connected to Kenya is six and half times higher share of GDP than the money connected to Spain  In less than two weeks, G20 Finance Ministers will sit down to dinner, but developing countries won’t even have a seat at the table

PRESS RELEASE By failing to take concrete action on illicit financial flows and tax dodging in Addis Ababa, questions remain on how domestic resources will be raised Without a globally inclusive standard setting body, developing countries have an uphill battle to realize needed revenues to fund development goals