Financial Transparency Coalition

On Friday, April 1st at 13:00-14:30 CET / 11:00-12:30 UTC the Financial Transparency Coalition (FTC) hosted a high-level panel discussion on offshore wealth.

The war in Ukraine has highlighted Russian kleptocrats funnelling billions of dollars out of the country and investing them in London and other major global financial centres, prompting political leaders in Europe and USA to crack down on this shady money.

As the world is moving towards the third year of the pandemic, we should remind ourselves that the vaccine inequality and unequal economic recovery from Covid-19 are political issues.

At the US Summit for Democracy in December 2021, the Biden administration made a series of ambitious policy commitments aimed at fighting corruption globally.