Financial Transparency Coalition

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.

WASHINGTON DC – This Thursday, October 4, Global Financial Integrity will host the first official launch event for the new book, Waging War on Corruption: Inside the Movement Fighting the Abuse of Power, by Transparency International co-founder Frank Vogl.

BRUSSELS - Today the European Parliament’s Legal Affairs Committee (JURI) voted in favour of assuming a strong position on European anti-corruption legislation, which would oblige oil, gas, mining firms and the logging industry to report what they pay to governments in countries in which they work. International agency Oxfam and the European Network on Debt and Development (Eurodad) welcome the MEPs’ ambitious proposal on this legislation, which would not only fight against corruption in the extractive or forestry sectors but also in others like banking, telecommunications and construction. MEPs also sent a clear signal that in three years, they want...

BERLIN - Laws forbidding companies from bribing abroad to win contracts or dodge local regulations have resulted in rising prosecutions, anti-corruption group Transparency International said in a new report today. The report, Exporting Corruption? Country Enforcement of the OECD Anti-Bribery Convention. Progress Report 2012, shows that bribery charges increasingly lead to fines, jail time and reputational damage. With 144 new cases in 2011, the total number of cases prosecuted by 37 major exporters rose from 564 at the end of 2010 to 708 at the end of 2011, with a further 286 investigations ongoing.