Financial Transparency Coalition

This report from the Tax Justice Network, funded by the FTC, explains obstacles around sharing of country by country reporting information, and shows the extent of the inequality in access that has been created by the OECD approach. However, the report also provides examples of jurisdictions that have legislated in their domestic laws to obtain

In the fight against Illicit Financial Flows and Tax Havens, Exchange of Information has emerged as a significant tool. Currently the global initiative on Exchange of Information and Financial Transparency is being led by the ‘Global Forum on Transparency and Exchange of Information for Tax Purposes’ which was established by OECD. Given the scope and

A new study supported by the FTC and published by the Centre for Budget and Governance Accountability, a Coordinating Committee member, looked at India’s experience with exchange of information agreements with other countries, as well as recommendations for other countries to get better access to information on their citizen’s assets held abroad. 

This December 2015 report from Global Financial Integrity, “Illicit Financial Flows from Developing Countries: 2004-2013,” finds that developing and emerging economies lost US$7.8 trillion in illicit financial flows from 2004 through 2013, with illicit outflows increasing at an average rate of 6.5 percent per year—nearly twice as fast as global GDP.