Task Force On Financial Integrity & Economic Development
In January 2009, GFI convened representatives from a number of civil-society organizations and governments to form the Task Force on Financial Integrity & Economic Development, which advocates for greatly improved transparency and accountability in the global financial system.
The Task Force has 5 main policy goals; 1. Curtailment of mispricing in trade imports and exports; 2. Country-by-country accounting of sales, profits, and taxes paid by multinational corporations; 3. Confirmation of beneficial ownership in all banking and securities accounts; 4. Automatic cross-border exchange of tax information on personal and business accounts; 5. Harmonization of predicate offenses under anti-money laundering laws across all Financial Action Task Force cooperating countries.
Read more about this topic: Global Financial Integrity
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