GFI Advisory Board Member to Chair Group of Experts
WASHINGTON, DC – The International Bar Association’s Human Rights Initiative (IBAHRI) today announced the formation of a international task force charged with investigating the linkages between illicit financial flows, poverty and human rights violations. Chaired by Global Financial Integrity Advisory Board member and Yale University Professor Thomas Pogge, the task force consists of prominent academics, tax experts, and lawyers from around the world.
Research and Advocacy Organization Recommends Country-by-Country Reporting to Help Curtail Tax Avoidance
WASHINGTON, DC – Global Financial Integrity (GFI) welcomed an initiative by the OECD’s first Global Forum on Transfer Pricing today to simplify and strengthen international transfer pricing standards, but noted the need to engage a wide variety of developing countries as the Global Forum moves forward with its work.
WASHINGTON, DC – Global Financial Integrity (GFI) Advisory Board Member and Nigerian Coordinating Minister for the Economy and Minister of Finance Ngozi Okonjo-Iweala is to be nominated by developing world nations to replace outgoing World Bank President Robert Zoellick when his term expires in June. The Wall Street Journal reports today that Min. Okonjo-Iweala will receive the backing of South Africa, Angola and Nigeria to fill the top role at the international financial institution.
Georgetown University Panel to Also Feature Speakers from DOJ, SEC, Shearman & Sterling and World Bank
WASHINGTON, DC – Global Financial Integrity’s Legal Counsel and Director of Government Affairs, Heather A. Lowe, will participate in a panel discussion on proposed changes to the FCPA at Georgetown University Law Center tomorrow evening, Tuesday, March 13, 2012.
Amendment to Raise $900 Million Over 10 Years
WASHINGTON, DC – Global Financial Integrity (GFI) today applauded the U.S. Senate for unanimously adopting the Levin-Conrad amendment (S.A. 1818) to the highway reauthorization bill, and called upon members of the House of Representatives to follow suit in their own version of the legislation.
E.J. Fagan, +1 202 293 0740 ext. 227
WASHINGTON, DC – Global Financial Integrity (GFI) praised moves by the international anti-money laundering authority to crackdown on tax evasion and smuggling in new standards announced today, but expressed disappointment in the body’s failure to address anonymous corporate vehicles as a facilitator of financial crime.
WASHINGTON, DC – Anti-poverty groups and supporters of financial transparency today urged the oil industry to drop its attacks on a new law that will reduce corruption and reveal the money trail between industry and resource-rich governments.
Legislation Would Require Country-by-Country Reporting of Sales, Profits, Employees and Tax Payments by Multinationals
WASHINGTON, DC – Global Financial Integrity (GFI) today applauded the introduction of a bill, which would close several major tax loopholes and curtail abusive tax haven secrecy.
