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Raymond Baker at the Task Force
September 16th, 2009

"We are on the right side of history at the right time."

So said Raymond Baker in his opening conference comments this morning. And I agree with him. The Task Force on Financial Integrity and Economic Development is a unique global coalition of civil society organizations and more than 50 governments working together to address inequalities in the financial system that penalize billions of people. Launched by Global Financial Integrity in January 2009, the Task Force advocates for greatly improved transparency and accountability in the global financial system. The Task Force advocates five priorities:
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New offshore report from Oxfam-France
September 9th, 2009
This picture, dug out of a new report from Oxfam-France, tells it all. This is why development organisations are getting interested in the offshore system and international tax matters, at last. It is the visual counterpart of the sentence uttered by Raymond Baker of Global Financial Integrity in Washington, comparing foreign aid inflows to developing countries with the secret outflows:

"for every $1 that we have been generously handing out across the top of the table, we in the West have been taking back some $10 of...

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US, Swiss keep deal on secret accounts under wraps
August 12th, 2009
MIAMI — The Swiss and U.S. governments announced a deal Wednesday to settle American demands for the identities of suspected tax dodgers, despite Switzerland's vaunted bank secrecy. But they kept all details under wraps, including how many of the 52,000 names sought by the IRS from banking giant UBS AG will be revealed.
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