The Financial Transparency Coalition, Perkumpulan Prakarsa and Transparency International Indonesia hosted Many Voices, One Purpose: The 6th Financial Transparency Conference in Jakarta, Indonesia on 20-21 October at the Sari Pan Pacific Jakarta hotel.
Download the conference agenda and list of speakers here.
View photos and download speaker presentations here.
The Financial Transparency Coalition and LATINDADD successfully hosted the 2014 conference, which brought together government officials, civil society organizations, journalists, and other experts to discuss a wide-range of issues related to illicit financial flows. Through strategy and training sessions, presentations, and meetings, the FTC conference presented a unique opportunity to facilitate learning, strategizing and policy analysis in a venue that brings multiple stakeholders together.
In co-operation with Policy Forum, the Financial Transparency Coalition successfully hosted its annual conference in Dar es Salaam, Tanzania from October 1-2, 2013. The conference, Towards Transparency: Making the Global Financial System Work for Development, focused on addressing the problem of illicit financial flows, and how this illicit money, often gained through corruption, illegal activities, or tax evasion, could be better used to foster growth and development.
Every year, developing countries lose around $1 trillion per year to illicit financial flows, which are the proceeds of tax evasion, crime, and corruption. They undermine accountable government, enable organized crime on a massive scale, and make it more difficult for governments to provide basic services. Illicit financial outflows dwarf foreign aid, and represent one of the biggest impediments to development in Africa. (more…)
The Task Force on Financial Integrity and Economic Development, in partnership with the Centre for Budget and Governance Accountability, hosted its first Asia regional conference, Financial Transparency: Challenges and Opportunities for Developing Countries, at the India Habitat Centre in New Delhi on April 3, 2013
According to the latest report by Task Force member Global Financial Integrity, the Asia region lost an average of US$344.4 billion per annum in illicit financial flows from 2001-2010. It accounted for 60.91 percent of the total illicit financial flows from the developing world, with China, Malaysia, the Philippines, and India among the top 10 countries with the highest measured average annual illicit financial outflows over that decade. Conference panelists will address the issue of illicit financial flows in the Asian context and discuss possible solutions. (more…)