Financial Transparency Coalition

New report Trapped in Illicit Finance: How abusive tax and trade practices harm human rights – by FTC members Christian Aid, Centre for Budget and Governance Accountability and Fundación SES – demands that the ‘legalistic’ definition of illicit financial flows goes beyond only illegal flows of money. The report estimates that developing nations lose $416

A new report funded by the FTC and produced by member organization Centre for Budget and Governance Accountability examines why automatic exchange of tax information is a vital component to addressing illicit financial flows. The report examines the current standards of AEoI, as well as some of the shortcomings of the current discussion, while citing

Illicit finance generated through tricky structures and channels harm the development and growth of a country. The problem of illicit financial flows poses as the greatest development challenge in present times. In this policy paper, supported by the Financial Transparency Coalition, FTC member Centre for Budget and Governance Accountability examines the drivers of illicit financial

Since the 2009 G20 Summit, we’ve seen repeated claims that banking secrecy is over. But viewed alongside the countless tax and corruption scandals that have plagued us since, it would be understandable if you question that sentiment. In our new analysis, Unequal Exchange, we explore just how far one key transparency tool, the automatic exchange of financial information, has come.