Financial Transparency Coalition

Today, Transparency International (TI) has released a detailed and powerful report looking at how well the G20 countries are living up to the promises they made a year ago to tackle corporate ownership secrecy. As the leaders of the world’s biggest economies noted at the November 2014 Brisbane summit: Improving the transparency of legal persons

G20 governments including the US and China have failed to deliver on their promise to fight corruption by adopting laws to end the secrecy that makes it easy for the corrupt to hide their identity and shift money across international borders. As much as $2 trillion is laundered each year, much of it by hiding

The Financial Secrecy Index is the Tax Justice Network’s flagship index of secrecy jurisdictions, or ‘tax havens’. The idea emerged from discussions at the World Social Forum in Nairobi, in January 2007. In part, it came from frustration with a popular view of corruption as a ‘poor country’ problem – when all the analysis of

Press Release for Immediate Release BRUSSELS—After months of negotiations, debate, and dialogue, the European Parliament has formally adopted the 4th Anti-Money Laundering Directive (AMLD), setting the stage for a public discussion on what further measures are needed to combat tax evasion, money laundering, and other illicit flows. “While the final adoption of the text is