Financial Transparency Coalition

There’s an in-depth piece published today in the Financial Times that examines the upcoming implementation of the OECD’s Common Reporting Standard (CRS) for the automatic exchange of financial information. This new standard would allow countries to share information regularly on each other’s citizens who may be hiding money illegally abroad. For example, France will provide Germany with

In less than a year data will start to flow under a new scheme for countries to share information automatically across borders, to help each other collect taxes from their taxpayers and fight financial crimes and abuses.  The scheme is the Common Reporting Standard (CRS) which was set up by the OECD, a club dominated

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

After resigning from Panama’s official effort to clean up its financial sector, Nobel-prize winning economist Joseph Stiglitz and transparency expert Mark Pieth have come out with their own independent report. And it’s a good one.