Financial Transparency Coalition

Targeting Stock Exchanges is Key in Civil Society's Push for Country-by-Country Reporting, writes François Valérian Today, Transparency International and the Revenue Watch Institute have published the Promoting Revenue Transparency 2011 Report on Oil and Gas Companies. This report evaluates corporate reporting performance on anti-corruption programmes, on subsidiaries and partners, as well as on country-level financial results and technical data. The report shows a concerning reporting gap. Most companies score significantly better in reporting on anti-corruption programmes than in country-level reporting of relevant financial and technical data. This gap further illustrates the major focus of corporate communication, at least for listed...

Yaoundé, Cameroon, sits at the heart of Central Africa. The region is rich with mineral and forestry wealth which has been exploited ruthlessly by colonial powers and powerful corporations for centuries. You need only read the short historical paragraph on Yaoundé's Wikipedia entry to get a sense of this past and present intrusion by external powers. Much of Central Africa's wealth disappears offshore, and constant exploitation has exposed the region to deep rooted political and commercial corruption. This is the context in which tax justice researchers and campaigners...