Financial Transparency Coalition

In Tax Justice Network’s August 2016 podcast: The Big Four accountancy firms: Are they in fact more like the Big One? And should they be broken up?

This week, The Clearing House Association, a major trade association for U.S. commercial banks, endorsed legislation requiring the collection of information about the real owners of U.S. companies (S. 2489/H.R. 4450). The Clearing House Association is the oldest banking association in the U.S., and it advocates on behalf of the largest U.S. commercial banks, such as

We’ve known for a while that anonymous shell companies have been used to purchase property everywhere from London to Los Angeles. Funneling potentially illicit money into high end real estate has turned out to be an easy way to bypass many of the checks that might be necessary if you moved the money into a bank

As we wrote on this blog last week, the UK government has just taken the bold step of publishing the world’s first fully open register of beneficial ownership. This is the first dataset of its kind, and the information promises to tell us who really owns UK companies, whilst making it harder for criminals to