Financial Transparency Coalition

Earlier this year, those of us advocating for increased financial transparency and an end to tax-dodging by multinational corporations were excited about the European Union potentially implementing some of the most progressive, pro-transparency regulations the world had ever seen. Beginning in 2016, the European Commission launched a draft directive to implement strong, uncompromising country-by-country reporting

Exciting news – FTC is co-hosting a panel next Wednesday at the World Bank-IMF Civil Society Policy Forum! FTC, alongside FTC member Christian Aid and a number of other co-hosts, will have a fantastic panel to discuss the financial response to the pandemic, and resulting regressive tax policies and inequality. FTC and Christian Aid will also be revealing

The economics editor of the Independent has written a review of Nick Shaxson’s book, Treasure Islands. To be candid, it’s easily the most cynical review to date. As he concludes:

part from new potatoes, gold-top milk and some tourism, Jersey has little going for it economically. Nor do most of the British overseas territories fingered by Shaxson - which are only nominally under UK jurisdiction, a point he neglects or misunderstands. Most are too small and poor to be independent states, even with their financial income. As a second-best they have been granted self-government and they are, uncomfortably for the...