Financial Transparency Coalition
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| Predecessor | Task Force on Financial Integrity and Economic Development |
|---|---|
| Formation | 2013 |
| Type | Task Force made up of Coalition of NGOs and Governments |
| Purpose | Stem illicit financial flows |
| Location |
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| Website | www |
The Financial Transparency Coalition is a group that brings together civil society and governments around the world to stem illicit financial flows[1] that are costing developing countries nearly a trillion dollars[2] each year. The Coalition was formerly known as the Task Force on Financial Integrity and Economic Development.[3]
Membership
[edit | edit source]According to its website, the members of the coordinating committee responsible for its operations are Centre for Budget and Governance Accountability, Christian Aid, Eurodad, Fundación SES Archived 2019-12-23 at the Wayback Machine, Global Financial Integrity, Global Witness, LATINDADD, Tax Justice Network, Tax Justice Network Africa, and Transparency International. Coalition administration is managed by a neutral secretariat based at the Center for International Policy in Washington, DC.
The Coalition includes a non-voting Partnership Panel of Governments and Foundations. Its members are:[4]
- Canadian International Development Agency
- Ford Foundation
- Government of Belgium
- Government of Chile
- Government of Denmark
- Government of Finland
- Government of France
- Government of Germany
- Government of Greece
- Government of India
- Government of the Netherlands
- Government of Norway
- Government of Peru
- Government of South Africa
- Government of Spain
- Leading Group on Innovative Financing for Development
Policy
[edit | edit source]The Coalition advocates around six policy areas for greater financial transparency – public country-by-country reporting of sales, profits, and taxes paid by multinational corporations; public registers of beneficial ownership of business entities; automatic cross-border exchange of tax information; open data; ensuring that the institutions making international standards are equitable; holding the enablers of illicit financial flows accountable.[5]
See also
[edit | edit source]External links
[edit | edit source]- (in English) Official website
- (in English) Official blog
- Financial Transparency Coalition on Facebook
- on Twitter
References
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