Financial Transparency Coalition

Transparency International calls for urgent action to keep corrupt cash out of luxury goods market Berlin, 3 April 2017 – Luxury goods sellers – from jewellers and real estate agents to yacht builders and diamond brokers – are doing little to check if their customers are using corrupt money to fund their high-end purchases. This

Transparency International said today that the governments of Australia, Canada, the UK and the US need to close glaring legal loopholes to prevent the corrupt elite from laundering the proceeds of grand corruption in their local real estate markets.

In March 2017 Taxcast from CoCom member Tax Justice Network: the high price we’re paying for our finance sectors – we look at staggering statistics showing how the US finance sector is a net drag on their economy.

Antoine Deltour and Raphaël Halet have been tried again. And convicted again. After losing a trial last year for their role in LuxLeaks, a scandal that exposed secret tax deals concocted between multinational corporations and the government of Luxembourg, the two were re-tried this year (along with journalist Edouard Perrin, who escaped conviction). While the new sentences were reduced