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The Financial Transparency Coalition is a group that brings together civil society and governments around the world to stem illicit financial flows that are costing developing countries nearly a trillion dollars each year. The Coalition was formerly known as the
Task Force on Financial Integrity and Economic Development The Task Force on Financial Integrity and Economic Development was a unique global coalition of civil society organizations and governments launched in 2009 to address inequalities in the financial system that penalize billions of people. The Tas ...
.


Membership

According to its website, the members of the coordinating committee responsible for its operations are Centre for Budget and Governance Accountability,
Christian Aid Christian Aid is the relief and development agency of 41 Christian (Protestant, Catholic and Orthodox) churches in the UK and Ireland, and works to support sustainable development, eradicate poverty, support civil society and provide disaster ...
,
Eurodad Eurodad (European Network on Debt and Development) is a network of 53 non-governmental organisations and seven statutory allies from 29 European countries. Eurodad and its members make up a network, this network researches and works on issues tha ...

Fundación SES
Global Financial Integrity Raymond W. Baker (born October 30, 1935) is an American businessman, scholar, author, and "authority on financial crime." He is the founder and president of Global Financial Integrity, a research and advocacy organization in Washington, DC workin ...
,
Global Witness Global Witness is an international NGO established in 1993 that works to break the links between natural resource exploitation, conflict, poverty, corruption, and human rights abuses worldwide. The organisation has offices in London and Washingt ...
, LATINDADD,
Tax Justice Network The Tax Justice Network (or TJN) is an advocacy group consisting of a coalition of researchers and activists with a shared concern about tax avoidance, tax competition, and tax havens. Empirical results The TJN has reported on the OECD Base er ...
, Tax Justice Network Africa, and
Transparency International Transparency International e.V. (TI) is a German registered association founded in 1993 by former employees of the World Bank. Based in Berlin, its nonprofit and non-governmental purpose is to take action to combat global corruption with civil ...
. Coalition administration is managed by a neutral secretariat based at th
Center for International Policy
in Washington, DC. The Coalition includes a non-voting Partnership Panel of Governments and Foundations. Its members are: *
Canadian International Development Agency The Canadian International Development Agency (CIDA) was a federal Canadian organization that administered foreign aid programs in developing countries. The agency was merged into the Department of Foreign Affairs in 2013 by the federal governmen ...
*
Ford Foundation The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death ...
*
Government of Belgium The Federal Government of Belgium ( nl, Federale regering, french: Gouvernement fédéral, german: Föderalregierung) exercises executive power in the Kingdom of Belgium. It consists of ministers and secretary of state ("junior", or deputy-mini ...
*
Government of Chile Chile's government is a representative democratic republic, whereby the President of Chile is both head of state and head of government, and of a formal multi-party system. Executive power is exercised by the president and by their cabinet. Leg ...
*
Government of Denmark The Cabinet of Denmark ( da, regering) has been the chief executive body and the government of the Kingdom of Denmark since 1848. The Cabinet is led by the Prime Minister. There are around 25 members of the Cabinet, known as "ministers", all of wh ...
*
Government of Finland sv, Finlands statsråd , border = , image = File:Finnish Government logo.png , image_size = 250 , caption = , date = , state = Republic of Finland , polity = , coun ...
*
Government of France The Government of France ( French: ''Gouvernement français''), officially the Government of the French Republic (''Gouvernement de la République française'' ), exercises executive power in France. It is composed of the Prime Minister, who ...
*
Government of Germany The Federal Cabinet or Federal Government (german: link=no, Bundeskabinett or ') is the chief executive body of the Federal Republic of Germany. It consists of the Federal Chancellor and cabinet ministers. The fundamentals of the cabinet's or ...
*
Government of Greece Government of Greece (officially: Government of the Hellenic Republic; also Greek Government or Hellenic Government)
*
Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...
*
Government of the Netherlands The politics of the Netherlands take place within the framework of a parliamentary representative democracy, a constitutional monarchy, and a decentralised unitary state.''Civil service systems in Western Europe'' edited by A. J. G. M. Bekke, ...
*
Government of Norway The politics of Norway take place in the framework of a parliamentary, representative democratic constitutional monarchy. Executive power is exercised by the Council of State, the cabinet, led by the prime minister of Norway. Legislative power i ...
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Government of Peru , border = Central , image = , caption = Logo of the Government of Peru , date = 1990 , state = Peru , address = Government Palace , leader_title = President of PeruWhile there is ...
*
Government of South Africa The Republic of South Africa is a parliamentary republic with three-tier system of government and an independent judiciary, operating in a parliamentary system. Legislative authority is held by the Parliament of South Africa. Executive authority ...
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Government of Spain gl, Goberno de España eu, Espainiako Gobernua , image = , caption = Logo of the Government of Spain , headerstyle = background-color: #efefef , label1 = Role , data1 = Executive power , label2 = Established , da ...
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Leading Group on Innovative Financing for Development The Leading Group on Innovative Financing for Development is a global platform made up of 55 member countries with differing levels of development, operating alongside international organisations and NGOs. Formerly known as the Leading Group on S ...


Policy

The Coalition advocates around six policy areas for greater financial transparency – public country-by-country reporting of sales, profits, and taxes paid by multinational corporations; public registers of beneficial ownership of business entities; automatic cross-border exchange of tax information; open data; ensuring that the institutions making international standards are equitable; holding the enablers of
illicit financial flows Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of ...
accountable.


See also

*
Financial Action Task Force on Money Laundering The Financial Action Task Force (on Money Laundering) (FATF), also known by its French name, ''Groupe d'action financière'' (GAFI), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat m ...
*
Illicit financial flows Illicit financial flows, in economics, are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of ...
* Raymond W. Baker


External links

*
Official website
*
Official blog

Financial Transparency Coalition on Facebook

on Twitter


References

{{Reflist Crime prevention