November 9, 2012
WASHINGTON DC – Global Financial Integrity (GFI) applauded the Securities and Exchange Commission (SEC) today for denying the request (PDF) of industry groups to stay key oil, gas, and mining transparency rules pending a lawsuit.
November 1, 2012
WASHINGTON DC — Global Financial Integrity (GFI), a Washington DC-based research and advocacy organization, urged the Securities and Exchange Commission today to deny the suspension request made by the American Petroleum Institute for recently finalized rules implementing Dodd-Frank Section 1504 transparency requirements for oil, gas, and mining companies.
October 26, 2012
Global Financial Integrity’s new report on illicit financial flows from China showed some of the worst numbers that we’ve ever estimated. Crime, corruption, and tax evasion cost the world’s largest country and second-largest economy $3.79 trillion from 2000-2011. To make matters even darker, illicit capital flight is intensifying. In 2011 alone, China lost over $600 billion –more than any other single country lost over a ten year period when Global Financial Integrity estimated illicit financial flows from 2000-2009.
October 26, 2012
Raymond Baker, the President of Global Financial Integrity, addresses the issue of illicit financial flows while speaking at Ryerson University in Toronto, Canada at “Beyond 2015: Towards a New Consensus on Global Poverty,” a conference marking the launch of the Canadian chapter of Academics Stand Against Poverty (ASAP).
October 25, 2012
WASHINGTON, DC – The Chinese economy hemorrhaged US$3.79 trillion in illicit financial outflows from 2000 through 2011, according to a new report [PDF] released today by Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization. Amidst increased domestic concern over inequality and corruption, GFI’s study raises serious questions about the stability of the Chinese economy merely two weeks before the once-in-a-decade leadership transition.
October 9, 2012
WASHINGTON, DC – The Iranian Rial tanked last week—plummeting 60% against the U.S. Dollar and triggering widespread domestic unrest—conspicuously in the wake of several, recent, high-profile legal actions against international banks for circumventing U.S. sanctions against Iran. In a new blog post on the website of the Task Force on Financial Integrity & Economic Development, Global Financial Integrity (GFI) spokesman EJ Fagan suggests the two are likely connected.
October 9, 2012
Carnegie Endowment for International Peace, Washington DC
Book Launch: Waging War on Corruption
October 4, 2012
WASHINGTON DC – This Thursday, October 4, Global Financial Integrity will host the first official launch event for the new book, Waging War on Corruption: Inside the Movement Fighting the Abuse of Power, by Transparency International co-founder Frank Vogl.