WASHINGTON, DC – As rising food and fuel prices threaten to plunge millions of people in the developing world into abject poverty, Global Financial Integrity (GFI) urges curtailment of illicit capital flight as a crucial component of poverty alleviation and economic development efforts.
WASHINGTON, DC – With current prosecutorial and investigative actions against tax dodgers being stepped-up and legislation gaining ground in the U.S. Senate that will tackle everything from money-laundering to tax haven abuse, the potential for far-reaching changes in how Americans bank and do business is set to change, says Global Financial Integrity.
NEW YORK – Global Financial Integrity (GFI) director Raymond Baker addressed an audience of Fortune 500 CEOs, CFOs, general counsels and directors, and federal and state policy makers Wednesday in New York City on changes in U.S. finance laws and enforcement.
WASHINGTON, DC – In the wake of a tax evasion scandal which has led to calls for increased transparency and tighter regulation of cross-border capital movement within the European Union, Global Financial Integrity applauds efforts by U.S. legislators to enact legislation which would keep the U.S. apace of its European counterparts.
OSLO, Norway – Global Financial Integrity (GFI) director Raymond Baker will be a featured speaker at the second meeting of a Norwegian-led, international task force on illicit financial flows and their impact on development, in Oslo, Norway. The conference will bring together representatives from 20 countries, international financial institutions, and other multilateral organizations.
WASHINGTON, DC – Global Financial Integrity (GFI) applauds the announcement that Norway and the World Bank will join forces against illicit financial flows and sponsor a conference on illicit finance which will focus on illegal capital flight from developing countries.
WASHINGTON, DC – As European heads of state and government prepare to meet in Brussels for an annual summit on European Union economic and environmental policies, Global Financial Integrity (GFI) calls for US support of efforts to mitigate tax haven abuse.
Liechtenstein Scandal Points to Need for Improved Global Safeguards to Stem Illicit Financial Flows, Says Global Financial Integrity
WASHINGTON, DC – Global Financial Integrity (GFI) urges the Organization for Economic Cooperation and Development (OECD) and the Financial Action Task Force (FATF) to implement new safeguards that will greatly improve transparency and cooperation in the global financial system. New policies to further restrict terrorist groups from transferring and hiding funds, to create a level playing field for all taxpayers and to curtail the flow of all forms of illicit capital are critical to the future integrity of the financial system.