Financial Transparency Coalition

This year saw a great deal of progress on financial transparency. From the G20 Summit in St. Petersburg to 10 Downing Street, the world has committed to more transparency both in words and in actions. Specifically, the events of this year have shown the world is eager to cooperate on issues of transparency and there is significant momentum building for significant and sustainable change. Here’s a review of some of the big events in 2013. Many of the developments in 2013 showed the world is more willing to cooperate on issues of transparency. At its heart, transparency requires cooperation....

Since the 1960s, President John F. Kennedy, the OECD, and European leaders of the G8 have all committed to tackling tax havens, with a mixed record of successful reform. However, leading up to this week's meeting of the G8, David Cameron is calling for the organization's leaders to commit to addressing the global shadow financial system that has allowed illicit financial flows to stream into tax havens.

Last week, the World Bank unveiled a major initiative to make their funding more transparent.  Through the new World Bank Finances portal, vast amounts of information about the inner workings of the Bank's finances are now made easily accessible.  This includes information about specific funds that members are supporting, and the disbursement and repayment status of thousands of projects around the world.  Tools are provided to allow members of the public to comment on specific elements of the data, as well as to download datasets specifically catered to their needs.  The data is remarkably up-to-date, often covering information as recent as...

The final communiqué released following the conclusion of the G20 Finance Ministers and Central Bank Governors’ meeting on June 5, 2010 in Busan, Republic of South Korea.