Financial Transparency Coalition

No one is perfect. That’s why it shouldn’t come as a surprise to you that early this morning Italian authorities seized $30.18 million from a Vatican bank account for possible ties to money laundering. It should also not come as a surprise to you that the Vatican bank’s chairman and director general are now under investigation for failure to meet Italy’s anti-money laundering laws. Surprised anyway? You shouldn’t be. Here’s why. In the morning of June 21st, 1982 in London, a postal clerk on his way to work was crossing the Blackfriars Bridge when he noticed a...

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.

So far, these are the really significant pieces that I've pulled from the statement while skimming through it. In the Preamble section:

22. To take new steps to increase access to food, fuel and finance among the world’s poorest while clamping down on illicit outflows. Steps to reduce the development gap can be a potent driver of global growth.

In the "A Framework for Strong, Sustainable, and Balanced Growth" section:

14. We call on our international accounting bodies to redouble their efforts to achieve a single set of high quality, global accounting standards within...