Find Me Development Finance Deals
November 11th, 2009
‘We recognize the linkage between unlawful outflows of capital from developing countries, assimilation of those resources by tax havens and secrecy jurisdictions, and the unfavorable impact those flows have on poverty lessening and commercial development.
We welcome work by the FATF to help uncover and deter the results of corruption by prioritizing attempts to buttress standards on shopper required groundwork, favourable possession and transparency.
To build on those advances we call on the FATF to further its work by recommending that the favorable possession of all firms, trusts and foundations be made a matter of official record. We also ask the FATF to change recommendation number 1 to list tax evasion as a speculate crime for a money laundering charge.’.
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