Financial Transparency Coalition

TOKYO - As the IMF and World Bank pursue implementation of tax policies in developing countries, members of Civil Society worry that these powerful institutions are putting the interests of international investors above those of the democratic governments of developing countries.

LONDON - Global Witness is outraged by a lawsuit filed by the American Petroleum Institute (API), the U.S. Chamber of Commerce and others to gut Section 1504, an important anti-corruption provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act. (1) By seeking to nullify this provision, API, whose members include British Petroleum, Chevron, ExxonMobil and Shell, and other industry groups are demonstrating that they have something to hide. Any claims by API that they support transparency efforts are preposterous when they are not only trying to weaken the rules but to strike Section 1504 in its...

Following Several, Recent, High-Profile Cases Against International Banks for Violating U.S. Sanctions Against Iran, the Iranian Rial Lost 60% of its Value against the U.S. Dollar Last Week. Could There Be A Connection?

Thank you for coming to this launch of my new book. Most particular thanks to Raymond Baker and his colleagues at Global Financial Integrity for organizing and hosting this event. Raymond is one of the heroes of this book. His vision, his skill and his dynamism have made and continue to make an enormous contribution to public understanding of illicit financial flows. From that understanding springs action to reduce those flows – an absolutely vital requirement to curb corruption.