Financial Transparency Coalition

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

Yesterday, the Federation of European Accountants (FEE), a group that represents 47 institutes from more than 36 European countries, held their fourth annual tax day at the European Parliament in Brussels. As a part of their vast program for the day, the FEE released a publication taking a look at tax and transparency policies and what the future

WASHINGTON, DC – Global Financial Integrity (GFI) praised European Union leaders today for their commitment to requiring banks to disclose profits-made, taxes-paid, subsidiaries, and staff levels on a country-by-country basis, and the Washington, DC-based research and advocacy organization called upon the United States to follow Europe’s lead and adopt similar rules.

LONDON - As the scandal grows around a Nigerian oil deal involving Shell and Italian firm Eni who made a US$1.1 billion payment that ended up in the accounts of a company controlled by a corrupt former Nigerian Oil Minister, the Dutch government is coming under increasing pressure to stop supporting opt-outs in new EU legislation that would enable companies such as Shell to avoid having to publicly report these payments in certain circumstances.