Financial Transparency Coalition

PRESS RELEASE FOR IMMEDIATE RELEASE Amid a growing worldwide movement for beneficial ownership transparency, Germany’s lower house of parliament passed a severely weakened bill on company ownership on Thursday night. The bill, meant to transpose the European Union Anti-Money Laundering Directive into German law, would keep the country’s register closed, only offering data to investigative

UK companies with hidden owners lie behind some of the worst problems of our time. Amongst other things they  been used to breach UN sanctions, evade taxes and rip off ordinary citizens. That’s why Global Witness has been calling for an end to these getaway cars for crime and corruption for years (see this TED-Ed animation for

The Anti-Corruption Summit hosted by Prime Minister David Cameron has started today and will continue through tomorrow. Heads of State, business leaders and civil society representatives will be in attendance with an aim to “expose corruption, punish perpetrators, and drive out the culture of corruption.” And this could not be more timely.

Late last year, we wrote about how an anonymous company incorporated in Delaware purchased Nevada’s largest newspaper, the Las Vegas Review-Journal. The move left the paper’s staff, its readers, and even presidential candidates, puzzled. We finally found out who was behind that takeover, but today we have yet another example of how corporations can be used to hide one’s identity. Instead