Financial Transparency Coalition

Leaders of the U.S. Senate and U.S. House of Representatives took a major step toward ending the incorporation of anonymous companies in the United States and updating federal anti-money laundering laws Thursday with the bipartisan unveiling of legislative text for the annual must-pass defense bill. The House and Senate are both expected to approve this

New research by the anti-corruption watchdog Transparency International EU (TI EU) on the tax affairs of some of Europe’s largest banks from 2015 to 2019 suggests widespread use of tax havens and profit shifting. The findings have been published today on TI EU’s Corporate Tax Tracker platform and analysed in the new report “Murky havens

Close to 100 countries have been engaging on automatic exchange of bank account information based on the OECD’s Common Reporting Standard (CRS). However, exchanges are confidential leaving stakeholders, including civil society unable to estimate foreign account holdings or hold authorities to account. Moreover, not all countries are able to join the automatic exchange system. The

The Financial Transparency Coalition welcomes the Interim Report of the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda, launched today. The FACTI interim report analyzes the gaps, vulnerabilities and impediments present in the current international systems related to financial accountability, transparency and integrity issues. The FTC supports the Panel’s