Financial Transparency Coalition

LONDON – The Prime Minister’s backing for tax justice throughout the world won a delighted welcome today from Christian Aid, which has a longstanding campaign against multinationals’ tax dodging.

WASHINGTON, DC – Civil society organizations welcomed today's release of the Department of Justice (DOJ) and Securities and Exchange Commission's (SEC) new guidance for businesses on the Foreign Corrupt Practices Act (FCPA), the U.S. law that makes it illegal to bribe foreign officials. The FCPA creates a strong and effective mechanism to fight financial fraud and corruption, which impede economic growth and raise the costs of doing business internationally.

WASHINGTON, DC – The Financial Accountability and Corporate Transparency (FACT) Coalition welcomed news that the U.S. Department of the Treasury will be leading a government task force to review the nation’s antiquated anti-money laundering regulations. The FACT Coalition—an alliance of more than 60 prominent anti-corruption, transparency, small business, and global development groups—originally called on the Treasury Department in September 2011 to undertake such a review.

WASHINGTON, DC – Global Financial Integrity today applauded the U.S. Department of the Treasury for working with over fifty jurisdictions to establish agreements enabling the bilateral automatic exchange of tax information as part of the implementation of the Foreign Account Tax Compliance Act (FATCA).