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Reports/Studies
Apr
22

Investments for development: Derailed to tax havens

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By Richard Murphy — Development Finance Institutions (DFIs) are state owned companies located in European countries that invest their capital in developing countries for the express purpose of advancing development in those places by promoting investment in local business. In this respect their activities can be compared to that of the European Investment Bank (EIB) and International Finance Corporation (IFC) – a part of the World Bank. All these institutions are closely related in the way they operate, including the use of tax havens in their investment operations or those of their beneficiaries. Therefore, the concerns raised and proposals addressed to DFIs in this paper are also applicable to the other two institutions.

Reports/Studies
Mar
19

Privately Held, Non-Resident Deposits in Secrecy Jurisdictions

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Washington — A new report released today from Global Financial Integrity (GFI) on private, non-resident deposits in secrecy jurisdictions finds that the United States, United Kingdom, and the Cayman Islands are the most popular destinations for financial deposits by non-residents. Switzerland, Luxembourg, and Hong Kong also make the top 10 list of destinations.

Reports/Studies
Feb
12

The Implied Tax Revenue Loss from Trade Mispricing

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Washington, DC — Developing country treasuries are losing approximately $100 billion dollars every year due to trade mispricing, according to a new report available today from Global Financial Integrity (GFI).

Reports/Studies
Nov
18

The Secret Life of a Shopaholic: How an African dictator’s playboy son went on a multi-million dollar shopping spree in the US

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A new Global Witness report, ‘The Secret Life of a Shopaholic: How an African dictator’s playboy son went on a multi-million dollar shopping spree in the US’, strongly suggests that Teodorin Obiang, son of the dictator of oil-rich Equatorial Guinea, purchased a $33 million private jet, a $35 million Malibu mansion, speedboats and a fleet of fast cars using corruptly acquired funds. The report goes on to explain how, despite the ample evidence against him, the investigation is going nowhere and Teodorin continues to be allowed into the U.S.

Reports/Studies
Nov
17

TI’s 2009 Corruption Perceptions Index

Transparency International’s 2009 Corruption Perceptions Index (CPI). The CPI, released annually since 1995, aims to quantify corruption by measuring the perceived level of public-sector corruption over 180 jurisdictions worldwide.

Reports/Studies
Oct
29

The Foot Report

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The final report of Michael Foot’s Review of the opportunities and challenges facing the British Crown Dependencies (Guernsey, Isle of Man, Jersey) and six Overseas Territories (Anguilla, Bermuda, British Virgin Islands, Cayman Islands, Gibraltar, Turks and Caicos Islands) was published on 29 October. The recommendations made to these jurisdictions cover: the quality and extent of economic planning; meeting international standards on tax transparency, financial sector regulation, and tackling financial crime; ensuring that deposit protection schemes can be understood by depositors; considering whether an Ombudsman scheme is justified; and crisis prevention and resolution measures.

Reports/Studies
Oct
26

Economic Transparency: Curtailing the Shadow Financial System

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“Economic Transparency: Curtailing the Shadow Financial System” provides an overview of the work that the Task Force is doing. From laying out the framework of our mission, to detailing the specifics of each priority, this document is an excellent all in one resource.

Reports/Studies
Sep
23

Transparency International’s Global Corruption Report 2009

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The private sector plays a pivotal role in fighting corruption worldwide. Transparency International’s Global Corruption Report 2009 documents in unique detail the many corruption risks for businesses, ranging from small entrepreneurs in Sub-Saharan Africa to multinationals from Europe and North America. More than 75 experts examine the scale, scope and devastating consequences of a wide range of corruption issues, including bribery and policy capture, corporate fraud, cartels, corruption in supply chains and transnational transactions, emerging challenges for carbon trading markets, sovereign wealth funds and, growing economic centres, such as Brazil, China and India.

Reports/Studies
Sep
23

Briefing Paper: How the G20 Should Tackle Illicit Financial Flows

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A new briefing paper, titled “The Links Between Tax Evasion and Corruption: How the G20 Should Tackle Illicit Financial Flows,” sent to the G20 from Christian Aid, Global Financial Integrity, Global Witness, and Tax Justice Network highlights what the G20 should do to address illicit financial flows.

Reports/Studies
Aug
10

The Millennium Development Goals (MDGS) Report by Leprosy Mission Ireland

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A major report on the Millennium Development Goals (MGDs) published by Leprosy Mission Ireland and launched by Minister Peter Power, Minister of State with responsibility for Overseas Aid calls for radical new thinking on development and aid with several recommendations to address the failure of the MDGs.

Reports/Studies
Jul
22

Global Witness uncovers foreign companies’ links to Congo violence

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Global Witness’s new report, ‘Faced with a gun, what can you do?’, details how many mining areas in eastern DRC are controlled by rebels and the national army, who violently exploit civilians to retain access to valuable minerals…

Reports/Studies
Jul
9

Economic Transparency: Curtailing the Shadow Financial System

PDF

“Economic Transparency: Curtailing the Shadow Financial System” provides an overview of the work that the Task Force is doing. From laying out the framework of our mission, to detailing the specifics of each priority, this document is an excellent all in one resource.

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