Financial Transparency Coalition

WASHINGTON DC – South Africa announced today that it has joined the Partnership Panel of the Task Force on Financial Integrity and Economic Development. Partnership Panel members also include the governments of Chile, Denmark, France, Germany, Greece, India, the Netherlands, Norway and Spain, the Canadian International Development Agency, and the Ford Foundation.

LONDON - Forest dependent communities are still in the dark about how their forests are being managed, despite additional commitments from governments to publish information about their policies and practice, says a report published by Global Witness today.

WASHINGTON, DC – Global Financial Integrity (GFI) today applauded the introduction of a bill, which would close several major tax loopholes and curtail abusive tax haven secrecy.

MEXICO CITY / WASHINGTON, DC – Crime, corruption and tax evasion cost the Mexican economy US$872 billion between 1970 and 2010 according to a new report from Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization. The illicit financial outflows, which averaged a massive 5.2% of GDP, grew significantly over the 41-year period studied from just US$1 billion in 1970 to US$68.5 billion in 2010.