Financial Transparency Coalition

Half a year has passed since the corruption story of the year – the Panama Papers – revealed the real owners behind thousands of shell companies. Over 50 per cent of the shell companies uncovered in the Panama Papers were set up in the British Virgin Islands (BVI). As of June this year, BVI hosted

PRESS RELEASE Bill would help investors, lawmakers and the public make sense of how U.S. companies are operating around the globe WASHINGTON, D.C.—Representative Pocan (D-WI), with Representatives Jan Schakowsky (D-IL), Lloyd Doggett (D-TX), and Gwen Moore (D-WI), have introduced a bill in the United States House of Representatives that seeks to unpack the opacity surrounding corporate disclosure

PRESS RELEASE Latest revelations further the case for public registers of the real owners of companies In a late-day release, the International Consortium of Investigative Journalists have published a new set of leaked documents that only embolden the growing number of voices calling for increased transparency in the financial system. The documents, dubbed ‘Bahamas Leaks’,

This week, The Clearing House Association, a major trade association for U.S. commercial banks, endorsed legislation requiring the collection of information about the real owners of U.S. companies (S. 2489/H.R. 4450). The Clearing House Association is the oldest banking association in the U.S., and it advocates on behalf of the largest U.S. commercial banks, such as