The Year in Financial Transparency: 2016

January 10th, 2017

In 2016, the movement against illicit financial flows leaped forward. We look back at some of 2016’s most memorable moments:

The Panama Papers were the financial transparency story of 2016. From the unprecedented size of the leak to the reactions of everyday citizens, the scale of public attention was new. Perhaps more important than the jaw-dropping headlines about politicians, wealthy business people and celebrities hiding assets, is how governments will respond to the systematic loopholes laid bare by the revelations. In the wake of the leaks, a number of governments made new commitments on financial transparency, from pledging to introduce public registers of company ownership to supporting the disclosure of country by country financial reports for multinational companies.

But we must keep the pressure on them to actually act.

In 2017, we will be working hard to ensure that financial transparency stays at the top of the agenda. From the year’s biggest story to exciting changes at the Coalition, we hope you enjoy The Year in Financial Transparency: 2016.

Written by Financial Transparency Coalition

Banner image used under Creative Commons license / Flickr User DncnH

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