July 3rd, 2014
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.
May 30th, 2014
In his first official act after winning the biggest democratic election in world history, Indian Prime Minister Narendra Modi announced the formation
of a Special Investigative Team (SIT) to probe illicit financial flows
, or ‘black money’ as they are commonly referred to in India.
May 2nd, 2014
– The latest issue of The Economist profiles the problem
of trade-based money laundering, which drains hundreds of billions of dollars from developing economies each year, according to Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization. The prestigious financial news magazine cites heavily from GFI’s research and experts, while warning that efforts to tackle trade misinvoicing are “the weakest link” in the international effort to fight illicit financial flows.
January 28th, 2014
The Financial Transparency Coalition issues play an important role in the context of global income inequality. By discouraging tax evasion and corruption among the world’s wealthy individuals and corporations, the FTC recommendations could play an important role in alleviating egregious and dangerous income disparity.
When we talk about global inequality, we are usually referring to one of two issues: (1) inequality between nations and regions and (2) inequality between individuals. Inequality between nations usually refers to the huge disparities between the average incomes of people in different countries. The other kind of inequality, that between individuals, refers to the overwhelming...