February 10th, 2021
Earlier this week, reporters revealed that trillions of dollars had flowed in recent years to Luxembourg, thanks to the country’s role in Europe’s “axis of tax avoidance.” The so-called “OpenLux findings” – coming shortly after Luxembourg created a new register to collect the names of company owners (“beneficial owners”) – revealed that fraudsters, oligarchs and
June 28th, 2017
Today, a bi-partisan group of lawmakers introduced legislation that would begin to lift the veil that currently shrouds company ownership in the United States. And this is good news, because the US has a long way to go if it’s to join those leading the way on financial transparency.
April 3rd, 2016
PRESS RELEASE The latest investigation from the International Consortium of Investigative Journalists (ICIJ) zeroes in on the Panama-based law firm Mossack Fonseca, and is perhaps the starkest example yet of how financial secrecy helps fuel crime, corruption, and inequality that stifle development around the globe.
January 12th, 2016
At first glance, there’s nothing too remarkable about Delaware – a small, seemingly sleepy state on the US north-eastern coast. If people have heard of it at all, it’s probably in relation to being the home of chemical company DuPont or US Vice-president Joe Biden.