Global Financial Integrity

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Press Releases

Government of Denmark Joins Task Force on Financial Integrity and Economic Development

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – The Government of Denmark is the newest member to join the Task Force on Financial Integrity and Economic Development, Global Financial Integrity announced this week.

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GFI Welcomes Stop Tax Haven Abuse Act

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – Global Financial Integrity welcomed the introduction of the Stop Tax Haven Abuse Act.

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Transparency International Joins Task Force on Financial Integrity and Economic Development

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – International anti-corruption leader Transparency International (TI) is the newest member to join the Task Force on Financial Integrity and Economic Development, Global Financial Integrity (GFI) announced today.

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Information Exchange, Reporting, Facilitating Due Diligence, Key to Increasing Transparency

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – The discovery of “massive and on-going fraud” at Stanford Financial Group, intensifying U.S. pressure against Swiss bank UBS, and strong words of intent to crackdown on tax havens issued Sunday by EU finance ministers are just the latest events to underscore the need to institute transparency measures in tax and financial policy.

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European Commission Move to Abolish Bank Secrecy Critical to Fighting Tax Evasion

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – Global Financial Integrity (GFI) applauds the European Commission’s adoption of measures to improve cooperation between EU member states and increase transparency in tax assessment and collection. These measures to abolish bank secrecy and foster greater cooperation between EU nations are part of wider EU efforts to crackdown on tax evaders.

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Transparency, Accountability Key to Restructuring of Global Financial System

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – As policy makers, business leaders, and institutional stakeholders convene in Davos, Switzerland for the World Economic Forum, Global Financial Integrity (GFI) urges participants to call for greatly improved financial transparency and accountability.

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Transparency Key to Curtailing Abusive Offshore Tax Schemes

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC –  Global Financial Integrity (GFI) urges Congress to institute measures requiring greater transparency following the release of a  Government Accountability Office (GAO) report stating that eighty-three of America’s 100 largest publicly traded corporations and contractors control secret offshore operations that could help them avoid paying U.S. taxes on their profits.

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Global Task Force Links Financial Integrity and Economic Development

Monique Perry Danziger, +1 202 293 0740 ext. 222

WASHINGTON, DC – A unique global coalition of civil society organizations and more than 50 governments was launched today to address the inequalities in the financial system that penalize billions of people.  The Task Force on Financial Integrity and Economic Development advocates for greatly improved transparency and accountability in the global financial system.  The opacity and complexity of the financial system, enabled by financial institutions, laundering techniques and more than 70 secrecy jurisdictions, is at the heart of the current financial crisis and significantly impedes the ability of poor countries to develop their economies.

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