Daily

TI Calls for an End to Anonymous Companies

Transparency International is urging the world’s richest nations to increase the transparency of beneficial owners of shell companies after a new investigation revealed that a Maltese bank was used to launder millions for the Azerbaijani ruling family, the organization stated in a press release Tuesday.

Nine Countries Agree to IMF Corruption Assessment

All of the G7 countries plus Austria and the Czech Republic have agreed to be assessed under a new framework the International Monetary Fund is building to check whether rich countries are doing enough to combat corruption, a report released on Sunday states.