Financial Transparency Coalition

Yesterday, the World Bank committed to examine ways to collect and publish information about the real owners of companies (also called “beneficial owners”) participating in Bank-financed contracts. We welcome the Bank’s leadership as the impact of its new procurement policy stands to affect a portfolio of about US $42 billion invested in more than 1,800

NEW YORK – A spate of spectacular collapses of Chinese stocks listed on American exchanges has cost U.S. investors billions of dollars. The fiasco has sparked multiple investigations. Accusations are swirling in Washington and Beijing.