Friday, May 15, 2009

Task Force on Financial Integrity & Economic Development

Its website has just gone live. As it notes:

"The Task Force on Financial Integrity and Economic Development is a unique global coalition of civil society organizations and more than 50 governments working together to address inequalities in the financial system that penalize billions of people. Launched by Global Financial Integrity in January 2009, the Task Force advocates for greatly improved transparency and accountability in the global financial system.

The Task Force advocates five priorities – curtailment of mispricing in trade imports and exports; country-by-country accounting of sales, profits, and taxes paid by multinational corporations; confirmation of beneficial ownership in all banking and securities accounts; automatic cross-border exchange of tax information; and harmonization of predicate offenses under anti-money laundering laws – each one focusing on transparency."

TJN is one of the members of the co-ordinating committee.

Take a look at its blog too.


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