Financial Transparency Coalition

In March, we released the first edition of the newly-reinstated FTC Newsletter. The aim of the document is to help inform journalists, allied organizations, governments, and the general public on the work we're doing, as well as the progress made on our policy issues. We've now released the second edition, which covers our work from April to June.

For a while now, we've been writing about the ongoing effort by the Organization for Economic Cooperation and Development (OECD) to create new standards for the exchange of tax and financial information between countries. The new system would help clamp down on corrupt individuals that hide their money in countries with strict secrecy laws and low tax rates. While there are many questions still remaining about implementation, one thing is clear: developing countries must be included. Some of the largest cases of illicit financial flows involve money being siphoned...

The C20, a global network of civil society organizations, have released finalized versions of the position papers that will guide advocacy efforts ahead of the G20 summit in Brisbane, Australia. The most noteworthy for our work at the FTC comes within the C20's paper on 'Governance', which incorporates a number of financial transparency issues.

The Civil Society 20 (C20) has released draft position papers ahead of their summit in June, and, once again, they are looking for your input. The global network of civil society organizations solicited public comments in an online conversation earlier this year, and incorporated the feedback into the position papers. These documents will guide the group's campaigning and conversations with policymakers involved in the G20 summit taking place in Brisbane, Australia later this year.