Financial Transparency Coalition

Tom Cardamone, Managing Director at Global Financial Integrity, continues his biweekly op-ed series with TrustLaw.  In today's column, he announced a forthcoming petition calling on legislators to help defend the Foreign Corrupt Practices Act, which bans the bribery of foreign public officials. Explaining the purpose of the petition, Mr. Cardamone writes:

"The petition, which is expected to be released in the next few days, is targeted at Rep. Jim Sensenbrenner, a Wisconsin Republican, who has said he will craft a bill that brings the law 'up to date.'  Sensenbrenner chairs a subcommittee of the powerful House Judiciary Committee which convened a...

Yesterday, Monique Perry Danziger, Communications Director at Global Financial Integrity, had an op-ed featured in The Hill. Writing on the first anniversary of the Dodd-Frank financial reform bill, she covers both the importance of the SEC producing guidelines for the country-by-country reporting elements of the legislation (Section 1504), and the need to expand financial transparency through approval of the Stop Tax Haven Abuse Act.

Rep. Jim Sensenbrenner (R-WI) and the U.S. Chamber of Commerce are trying to gut the world's flagship anti-corruption legislation, but "we must stand firm in our values, our principles, and our promises," writes Ann Hollingshead I’m a little annoyed. I say “a little” only out of a desire to stay civil. Today the House Judiciary committee held a hearing on the Foreign Corrupt Practices Act (FCPA), the flagship U.S. legislation that makes it illegal to bribe a foreign official. The Securities and Exchange Commission (SEC) and Department of Justice (DOJ) have jurisdiction over the FCPA, which was unique worldwide for almost...

Since his election Russian President Dmitry Medvedev has been talking about corruption. The subject has had prominence in many of his speeches since his campaign in 2008. In September of 2009 he announced a major reform program aiming to tackle rampant corruption in his country, although he didn’t actually detail what the reform program would include. Medvedev has also repeatedly vowed to tackle corruption in the court systems, stating that Russia should do its best to “make the courts become as much as possible independent from the authorities and at the same time to absolutely depend on...