Anne O. Krueger First Deputy Managing Director International Monetary Fund Addressing delegates at the Fifth WTO Ministerial Conference in Cancún, Mexico this week, the IMF’s Anne Krueger offered support for … Read More
International Issues
Combatting Terrorist Financing
**FATF Leads International Efforts to Combat Terrorist Financing** On the eve of the anniversary of the September 11 terrorist attacks, the Financial Action Task Force (FATF) today in Paris issued … Read More
CF&P Tax Competition Conference: OECD Challenged To Participate
The Washington, DC-based Center for Freedom and Prosperity (CF&P) announced today that it will host a Tax Competition Conference in Ottawa on Monday, October 13th. The one-day event is scheduled … Read More
IMF, OECD and World Bank Issue Declaration
The heads of the IMF, World Bank and OECD have issued a joint “Declaration” in advance of next week’s meeting in Cancún, Mexico. The world’s trade ministers are gathering in … Read More
Policy Guidelines On Switzerland’s Financial Centre
Switzerland’s Federal Department of Finance recognises that a *”well-tuned and transparent policy on questions relating to the financial centre”* contribute significantly to that country’s success as a business location. Accordingly, … Read More
Fighting Money Laundering – Strategic Plan
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is inviting views and comments on its Draft FY 2003-2008 Strategic Plan. According to James E. Sloan, FinCEN’s Director, the document … Read More
Offshore Voluntary Compliance Initiative – Strong Results
The Internal Revenue Service announced in Washington yesterday that it continues to see a “strong response” to its Offshore Voluntary Compliance Initiative (OVCI), with more than $75 million in taxes … Read More
International Financial Services – US Domestic Institutions
In recent remarks to the Bankers Association for Finance and Trade in Washington, Treasury’s Deputy Assistant Secretary Michael A. Dawson addressed the implementation of the USA PATRIOT Act with respect … Read More
IRS Regulation Hinders Anti-Money Laundering?
The Washington-based Center for Freedom and Prosperity (CFP) Foundation yesterday released a study which claims the proposed IRS interest-reporting regulation (REG-133254-02) will make it harder to investigate and prosecute financial … Read More
New US Financial Investigations Initiatives
Mr. Tom Ridge, U.S. Secretary of Homeland Security, has unveiled comprehensive new programmes designed to protect U.S. financial systems from criminal exploitation. Speaking at the New York Federal Reserve earlier … Read More