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...
November 2, 2020
By Sue Ryu In resource rich, commodity-dependent developing nations such as Chile, the issue of trade misinvoicing is not only highly prevalent, but of great negative consequence for public welfare. Chile ranks on the higher end of...
By Lionel Bassega, September 1, 2020
Trade misinvoicing is a persistent and significant feature of international trade transactions. It is a primary means of illicitly shifting funds in and out of a country. It occurs when importers and exporters deliberately falsify the prices,...
By Lakshmi Kumar, August 5, 2020
Global Financial Integrity (GFI) was proud to contribute to the July 2020 report ‘Dubai’s Role in Facilitating Corruption and Global Illicit Financial Flows’ from the Carnegie Endowment for International Peace. The contribution, Chapter 3 of the report,...
August 4, 2020
By Brian Monroe, VP – Content Development, Association of Certified Financial Crime Specialists This piece was originally published on July 6th, 2020 by the Association of Certified Financial Crime Specialists and is reposted with permission. When it...
July 28, 2020
By Andrew Peters In March 2020, Global Financial Integrity (GFI) estimated a lower bound of US$8.7 trillion in value gaps identified in trade between 135 developing countries and 36 advanced economies over the ten-year period 2008-2017. This...
By Lionel Bassega, July 6, 2020
Over the last couple of weeks, the rate of Covid-19 infections has flattened in most of the Global North, while the opposite has happened in the Global South. Indeed, according to data from the World Health Organization...
June 23, 2020
by Abby Guen Operating in the Colombian forests and discreetly crossing borders are traffickers of an exotic good, generating millions of dollars a year in illicit profits: wildlife. As one of the world’s most biodiverse countries, Colombia’s...