Task Force on Financial Integrity and Economic Development
The Task Force on Financial Integrity & Economic Development was in January 2009 in Washington, DC , USA, by the independent non-profit - think tank Global Financial Integrity (GFI), headquartered in the US and with the support of Norway founded and is a worldwide coalition by non-governmental organizations and by more than 50 countries, including Germany , the Canadian International Development Agency (CIDA) and the permanent secretariat of the Leading Group on Innovative Financing for Development based in Paris. The goals are better transparency and accountability within the global financial system and the detection of illegal financial flows. In 2013 the task force was renamed the Financial Transparency Coalition .
tasks and goals
- Combating price manipulation in international trade
- Binding establishment of country-specific reporting requirements on sales, profit and tax payments of multinational companies
- Disclosure of information about beneficial owners / beneficial owners of companies and trusts.
- Introduction of the automatic cross-border exchange of tax information
- Harmonization of anti- money laundering measures
management
The director of the task force is the American Raymond W. Baker (* 1935).
The task force is headed by a coordinating committee with the following members:
- Global Financial Integrity (GFI), also responsible for coordinating the task force
- Christian Aid , the official aid and development agency of 40 British and Irish churches and agencies
- European Network on Debt and Development (Eurodad)
- Tax Justice Network (Network for Tax Justice)
- Global Witness
- Transparency International
The task force is financially supported by the Norwegian Ministry of Foreign Affairs and the Spanish government.
history
In September 2009, during the summit meeting of the group of the twenty most important industrialized and emerging countries (G20 countries) in Pittsburgh , USA, the task force called for the serious effects of the shadow financial system on poor countries to be dealt with and for concrete steps to be taken against capital flight into tax havens and shadow financial centers to undertake. According to the estimates of this working group, the amount of tax evasion funds from developing countries in "western economies" amounts to about 850 billion US dollars annually.
Previous conferences:
- September 16-17, 2009 in Washington , USA
- September 28-29, 2010 in Bergen , Norway
- October 6-7, 2011 in Paris , France
- April 3, 2013 in New Delhi , regional conference of the Task Force together with the Indian CBGA (Center for Budget and Governance Accountability)
literature
Web links
Individual evidence
- ^ Samuel Rubenfeld. Corruption Currents: From Vatican Bank Image Redux to Adopting Rules . May 31, 2013: http://blogs.wsj.com/riskandcompliance/2013/05/31/corruption-currents-from-vatican-bank-image-redux-to-adopting-rules/
- ↑ Archived copy ( memento of the original from March 20, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ http://www.financialtaskforce.org/wp-content/uploads/2011/03/Task_Force_Conference_Report-2010.pdf?9d7bd4 ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ http://www.financialtaskforce.org/wp-content/uploads/2011/11/Task-Force-Conference-Report-LR.pdf?9d7bd4 ( page no longer available , search in web archives ) Info: The link was created automatically marked as defective. Please check the link according to the instructions and then remove this notice.
