Corruption in the Global Arms Trade: An Overview
By Tanner Clegg, June 26, 2023
Corruption is never a victimless crime. This is especially true for those who bear the brunt of arms trade corruption.
Financial Secrecy
Financial Opacity Fueling Conflict
By Katherin Alfonso, Tanner Clegg, November 22, 2022
As the best empirical data unfortunately indicate, violent conflicts are on the rise. After a precipitous drop in civil wars following the dissolution of the Soviet Union, the number of active intrastate conflicts has ballooned over the...
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...
Global Investors Making Transparency Possible
November 16, 2020
By Brooke Tunstall Corporate tax avoidance is an open secret in the world of multinational enterprises. Hiding behind loose laws and revenue reporting standards around the globe, these international corporations obscure profits and losses to a degree...
Remittances and Transparency in Government Reporting
June 16, 2020
By Julia Yansura and Laura Porras Today, June 16th marks the International Day of Family Remittances, dedicated to recognizing the contributions of the international migrants who send over US$550 billion home to developing countries each year. And...
Big Four’s Stranglehold on Corporate Tax Planning Must End
July 30, 2019
Editor’s note: this piece was originally published in the Financial Times on July 25, 2019. The July 24 Opinion piece “Multi-firm audits can break the Big Four’s oligopoly” by Joseph Smith rightly points out that effective and...
Panama Papers Anniversary Is Opportunity to Underscore Severity of the Problem
By Tom Cardamone, April 3, 2017
Believe it or not, the Panama Papers scandal has an upside: it shed light on the dark corners of the international financial system. Prior to the revelation that one law firm helped establish over 200,000 anonymous companies, the casual observer knew tax evasion, corruption, and money laundering occur in the world but they didn’t know quite how it works. Now the term “anonymous shell company” has some resonance and it is in the general lexicon — even if most people still can’t explain how they work.
Implications of a Brexit: A U-turn in tackling global tax avoidance?
June 20, 2016
With just days remaining until Britain decides on its EU membership, the UK is at a crossroads. It has a historical choice to make, with various consequences attached to the decision on the 23rd of June on whether it becomes the first ever country to leave the EU. Those consequences could include undermining the leading role that Britain has taken in the global fight against corruption and transforming Britain into an even greater tax haven for multinationals.