Financial Transparency Coalition

Beyond enabling tax dodging, tax haven secrecy facilitates transnational crime, financial fraud and international terrorism, writes Robert Morgenthau, the legendary former Manhattan District Attorney, in the New York Times.

The Open Government Partnership – 55 countries which all claim to want to be more transparent, effective and accountable – recently met in Brazil. Increasing corporate accountability is one of their five ‘grand challenges’. However new research by the information provision group OpenCorporates highlight the scale of the challenge: governments are not doing very well on making even the most basic of company details available, let alone the more detailed ownership information that’s actually required to prevent corrupt politicians, terrorists and arms traffickers from moving dirty money around the world.

Global Witness's Robert Palmer writes about the importance of following illicit money, how difficult it can be to do so, and how the new FATF rules can make a difference.

CNBC aired it's new documentary, "Filthy Rich", for the first time last night. The documentary was the product of a year long investigation, and featured Task Force Coordinating Committee members Global Witness and Transparency International, as well as Allied Organization Equatorial Guinea Justice.