In the first Star Wars movie, Luke Skywalker and friends somehow blew up the Death Star. That’s a bit how we felt in 2010 when after years of fighting we got a new global financial transparency requirement into the Dodd-Frank Wall Street Reform Act. The provision requires oil, gas, and mining companies to disclose tax and other payments in every country of operation. As I’ve been writing about in the last two weeks, we now feel like we are in The Empire Strikes Back. The oil industry has threatened to sue the SEC if they don’t get a regulation they like and are using lobbyists and lawyers to try to roll-back our victory.
The yawning gap between the transparency rhetoric of companies and the reality of their actions has never been more apparent than it is now.
Oxfam’s Politics of Poverty blog breaks down the fight for Dodd-Frank 1504 by the numbers.
In Brazil, there is an agency known as “the Lion,” whose agents fly around the ...
May 23, 2012
The G8 have just released an ambitious and comprehensive asset recovery action plan as part ...
May 23, 2012
Wednesday's daily news updates from Global Financial Integrity
May 23, 2012
Officials in Switzerland have opened criminal proceedings against Libyan and Syrian citizens suspected of holding ...
May 22, 2012
Subscribe to the Task Force Blog RSS feed and get the latest blog posts!
The Task Force on Financial Integrity & Economic Development
1319 18th Street, NW Suite 200 Washington, DC 20036
Email: info@financialtaskforce.org
Telephone: +1 (202) 293-0740 | Fax: +1 (202) 293-1720
© 2009-2012 Task Force on Financial Integrity & Economic Development
Some rights reserved. 
Follow @Task_Force