Financial Transparency Coalition

Indian finance minister Pranab Mukherjee called for international pressure to force non-cooperative jurisdictions to share information about the money they hide at an Asian Development Bank Governors’ seminar last week. This comes in the wake of a series of moves by India to crack down on the huge black money flows out of the country. Earlier in the year Mukherjee made similar comments in the build up to a meeting of G20 finance ministers, arguing for an “effective multilateral platform for automatic, spontaneous and requested exchange of information”. India also demonstrated its commitment to financial transparency by joining...