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.
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Membership
According to its website, the members of the coordinating committee responsible for its operations are Centre for Budget and Governance Accountability, Christian Aid, Eurodad, Fundación SES Archived 2019-12-23 at the Wayback Machine, Global Financial Integrity, Global Witness, LATINDADD, Tax Justice Network, Tax Justice Network Africa, and Transparency International. Coalition administration is managed by a neutral secretariat based at the 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
Ford Foundation
Government of Belgium
Government of Chile
Government of Denmark
Government of Finland
Government of France
Government of Germany
Government of Greece
Government of India
Government of the Netherlands
Government of Norway
Government of Peru
Government of South Africa
Government of Spain
Leading Group on Innovative Financing for Development
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 accountable.