Financial Transparency Coalition

(Reuters) - Over the past year, the number of countries on an Organization for Economic Cooperation and Development "gray list" of tax havens that have not fully implemented internationally agreed upon tax standards has dropped to 17 from more than 40.

Yesterday's US Senate Homeland Security Committee hearing on the Incorporation Transparency and Law Enforcement Act, which featured Tax Justice Network-USA Chairman and Global Financial Integrity Advisor Jack Blum, is now available online on the Senate.gov website. Check it out below: Full resources from the hearing can be downloaded from the Senate website here...

I’ve written more words on secrecy jurisdictions than most. I’m credited by some with defining the term. Now the research project on secrecy jurisdictions on which I have been working with a small but first rate team from the Tax Justice Network (Markus Meinzer, John Christensen and Paul Sagar) has delivered its first output. That output is on secrecyjurisdictions.com. You could pass an hour or two there easily: actually, rather more than that as this is, almost without doubt, the biggest database on secrecy jurisdictions ever built. There are something like 1,800 pages of data on the site...

Today the Tax Justice Network launches a major new project called Mapping the Faultlines, backed by research funding from the Ford Foundation. This has been the biggest and most elaborate research effort ever undertaken to look at how secrecy operates through global financial markets. As the project brief notes, it is intended to complement work by Global Financial Integrity in Washington, D.C., looking at the magnitudes of these problems. While putting together this material, which would run to more than 1,800 pages if printed, we have felt like explorers charting territory previously mapped in only the scantiest...