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28 Jan 16
The European Commission has set out new measures to crack down on corporate tax avoidance that seek to push member states to improve coordination of approaches.
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26 Jan 16
The European Commission's response to the financial crisis of the late 2000s was "generally weak", with measures not applied consistently and lacking in thorough scrutiny, auditors have said.
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13 Jan 16
The European Commission’s top tax official has said countries have “looked the other way” in the face of serious tax avoidance and pledged to take action this year to improve transparency.
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15 Dec 15
The Cayman Islands has made solid progress in turning round its financial performance thanks to the efforts of CFOs, its Audit Office and a strong training programme.
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14 Dec 15
Public finance reforms in Madagascar are to receive a $55m helping hand from the World Bank.
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10 Dec 15
The European Union and San Marino have signed a “landmark” tax transparency agreement, which the European Commission said marks the end of bank secrecy between the two.
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8 Dec 15
China has made good progress in implementing accrual accounting, but big challenges remain.
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7 Dec 15
Companies caught cheating on their tax bill in Australia will have to repay double what they owe plus interest under news laws to prevent tax avoidance by multinational companies.
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4 Dec 15
Switzerland’s EFG Bank is to pay a penalty of $29m to the US Department of Justice to avoid prosecution for helping its American account holders evade taxes.
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26 Nov 15
Israel has joined 90 other countries in signing up to the OECD’s instrument to combat offshore tax avoidance and increase transparency in tax matters.
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25 Nov 15
Eight out of ten Europeans think there should be a legal clampdown on tax havens, a pan-European poll commissioned by 24 NGOs has found.
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20 Nov 15
The rich have long made the most of cross-border tax avoidance. Developing countries are hit hardest by this practice, but may benefit the least from efforts to tackle it
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13 Nov 15
The Indonesian finance minister and a range of development partners have celebrated the governance improvements brought about by a centralised database of the country’s government financial...
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10 Nov 15
The adoption of International Public Sector Accounting Standards (IPSAS) has a crucial role to play in supporting sustainable development, a United Nations workshop has concluded.
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10 Nov 15
A “wholly new approach” to the management of European Union funds is needed, the European Court of Auditors has said.
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3 Nov 15
CIPFA has appointed Gillian Fawcett as head of its governments faculty to lead the institute’s work on global financial management.
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2 Nov 15
Anti-corruption campaign Transparency International has criticised the Open Government Partnership, saying its strategy is lacking and urged the 66-member group to stretch its ambitions.
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29 Oct 15
The Open Government Partnership and the United Nations Development Programme must work together to build transparent and inclusive institutions around the world, UNDP administrator Helen Clark has...
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27 Oct 15
Improved management of public finances is fundamental to international development and poverty reduction, the president of CIPFA has told an international accounting conference in Kuala Lumpur.
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23 Oct 15
As the UN’s Sustainable Development Goals are adopted by world leaders, donor nations must consider how to increase the efficiency of aid spending. Improved auditing can be key to making improvements...
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22 Oct 15
The Confederation of Asian and Pacific Accountants (CAPA) is holding its 19th conference in Seoul, South Korea, from 27 to 29 October. Conference chair In-Ki Joo, shares his ambitions for the event...
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21 Oct 15
Public finance professionals face huge challenges worldwide. But there are also good reasons to be optimistic about aiming for ambitious goals
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19 Oct 15
Interest is growing in developing international standards for financial reporting by not-for-profit bodies. The merits of an international not-for-profit reporting framework were examined at a recent...
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11 Oct 15
The sovereign debt crisis has not gone away. And, as markets become more turbulent, only reform of global financial governance will cast light on governments’ true performance
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6 Oct 15
Read the Autumn 2015 edition of PFI Magazine, featuring interviews with the World Bank’s Arunma Oteh and newly appointed IPSASB chair Ian Carruthers, plus a cover feature examining the finances of...