Financial Transparency Coalition

PRESS RELEASE The Organization for Economic Cooperation and Development (OECD) has released its Base Erosion and Profit Shifting (BEPS) project outcomes in an effort to cut down on tax avoidance by multinational corporations (MNCs), but because vital information from the new reporting effort won’t be made public, questions linger on what good it will do

PRESS RELEASE By failing to take concrete action on illicit financial flows and tax dodging in Addis Ababa, questions remain on how domestic resources will be raised Without a globally inclusive standard setting body, developing countries have an uphill battle to realize needed revenues to fund development goals

There’s a perception that big business is strongly opposed to country by country reporting (CBCR) requirements. But a new survey funded by the FTC and carried out by CoCom member Christian Aid has revealed that there’s far less opposition than one might think. Public country by country reporting calls for companies to make basic information about their

Across the EU, governments are currently in the process of implementing the newly adopted reforms to the EU’s Anti-Money Laundering Directive. The FTC is following the process closely, and is especially interested in developments at the national level regarding beneficial ownership transparency. Each EU member state will set up a centralized register with information related