November 6th, 2009
Global Financial Integrity released the following
statement last night urging G20 Finance Ministers meeting in St Andrews today and tomorrow to make the connection between illicit financial flows from developing countries, their absorption by secrecy jurisdictions/tax havens, and the devastating effect this has on global poverty. From
GFI:
Washington, DC — As the Group of Twenty Finance Ministers meet tomorrow in St Andrews, Global Financial Integrity (GFI) urges leaders to acknowledge the devastating link between illicit financial flows from developing countries, secrecy jurisdictions (tax havens), and global poverty.
“Every year the developing world loses...
October 28th, 2009
This letter went out today to the Finance Ministers of G20 countries, signed by nine organisations including TJN. For the pdf version, with logos and signatures, click
here.
Wednesday, October 28th 2009
Dear Finance Minister,
In the run-up to the G20 Finance Ministers’ meeting in St Andrews, civil society organisations from around the world are writing with regard to the G20 Heads of States’ commitment at the London Summit in April to 'develop proposals by end 2009 to make it easier for developing countries to secure the benefits of a new cooperative tax environment.'
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October 5th, 2009
ISTANBUL (Reuters) - The Group of 20 major nations may blacklist countries that have lax financial regulation and impose sanctions on them, mirroring its crackdown on tax havens, Chancellor Alistair Darling was quoted as saying.
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September 29th, 2009
Task Force member Global Witness has released the following
statement lauding the G20's action on AML standards at last week's summit in Pittsburgh:
G20 takes welcome step to stop banks fuelling corruption
Summit communiqué calls for stronger anti-money laundering standards to help curb illicit flows of looted state funds from developing countries
The G20 has urged an international watchdog on anti-money laundering laws to prioritise the fight against corrupt funds, a move warmly welcomed by anti-corruption group Global Witness today.
