Financial Transparency Coalition

A CONVERSATION WITH GUILLAUME LONG MINISTER OF FOREIGN AFFAIRS REPUBLIC OF ECUADOR Tax Avoidance, Illicit Financial Flows and Global Development: A Call for a United Nations Tax Body 12th of January – 9:30 AM – 11:00 AM Public Citizen – 1600 20th St NW, Washington, DC 20009 As Ecuador takes over the presidency of the

FOR IMMEDIATE RELEASE 20 DECEMBER 2016 In latest position on AMLD revisions, Council aims to keep ‘legitimate interest’ barrier intact, delay implementation by up to three years Despite being just nine months removed from the Panama Papers, some European Union member states are already trying to back out of commitments made to create fully public

Member states reluctant to end secretive ownership It was just nine months ago that countless business leaders, politicians and celebrities found themselves answering awkward questions about why their names appeared in leaked documents from Mossack Fonseca, a company known for setting up offshore business structures. The leaks, which became known as the Panama Papers, gave

There’s an in-depth piece published today in the Financial Times that examines the upcoming implementation of the OECD’s Common Reporting Standard (CRS) for the automatic exchange of financial information. This new standard would allow countries to share information regularly on each other’s citizens who may be hiding money illegally abroad. For example, France will provide Germany with