How Offshores Are Bringing Russia to Its Knees
By Katherin Alfonso, Drew Sullivan, April 28, 2022
No country has used offshores more than Russia. In many ways, offshore companies have become integral parts of the Russian economy.
Blog
On Lost Tax Revenue
By Katherin Alfonso, Jack Blum, April 26, 2022
Jack Blum, DC Forum Executive Committee member, discusses the devastating impact of hidden money in offshore accounts has on tax revenue for the United States and other global economies.
$50 Trillion Offshore with James S. Henry
By Katherin Alfonso, James S. Henry, March 6, 2022
Investigative journalist and economist James S. Henry on new numbers for the amount of money stashed in offshore tax havens.
Regulating ‘Acres of Money Laundering’: Time for FinCEN to craft a robust rule for transparency in the real estate sector
By Kaisa de Bel, February 22, 2022
On December 6, U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) published an Advance Notice of Proposed Rulemaking (ANPRM) to solicit public comment for Anti-Money Laundering regulations in real estate transactions. These regulatory efforts are long overdue. The...
CFT is Meant to Counter Terrorists, Not Democratic Opposition
By Julia Yansura, January 13, 2022
As Global Financial Integrity’s new report, “Financial Crime in Latin America and the Caribbean,” makes clear, the Western Hemisphere faces a number of security challenges and financial crime threats. The same problems that make the region one...
Mexico: Harnessing Fintech to Fight Corruption and Promote Inclusive Economic Development
December 8, 2021
Madeline Paul Though Mexico has emerged as a global contender in technology, industry, and trade, it nonetheless faces a number of economic challenges including corruption, economic informality, and low levels of financial inclusion. In the past few...
Prescription for Chaos: Corruption and Mismanagement of the Covid-19 Pandemic in Peru
December 2, 2021
Photo by Carlos Ruiz Huaman via Unsplash By Camila Fernandez Tovar Latin America has been one of the most affected regions by the pandemic and the systemic corruption from governments has played a key role deepening its...
Flags of Convenience and the Hazards of Shipbreaking
November 17, 2021
By Matthew Baur Massive cargo ships are all too familiar to those living in big port cities. These giant vessels deliver goods needed for much of our society to function, from medical supplies and medicines, to food...