Financial Transparency Coalition

Last month, the Organization for Economic Co-Operation and Development (OECD) released a report to outline how shifting to a new international information exchange system would work.

In the coming days, Members of the European Parliament (MEPs) will face a clear-cut choice: to move closer to ending financial secrecy, or to stagnate within the current system of opacity. The specific issue at hand is whether corporations should be required to disclose beneficial ownership information, which identifies who actually owns a company. The

Just last month, the European Parliament took a step towards genuine financial transparency, by passing a committee vote that would require centralized registers of the beneficial owners of all companies in the European Union.

Victor Yanukovych lives on 340 acres of land on the banks of the river Dnieper in Ukraine. His home, a five story mansion named Mezhyhiriya, is decorated with marble, crystal, and precious woods. It is difficult to overstate the luxury of this palatial building. Its cedar doors are worth $64,000 each, the wall paneling in