The Financial Secrecy Index is a ranking of jurisdictions most complicit in helping individuals to hide their finances from the rule of law. Financial secrecy facilitates tax abuse, enables money laundering and undermines the human rights of all. The index identifies the world’s biggest suppliers of financial secrecy and spotlights the laws that governments can change to reduce their contribution to financial secrecy. The Financial Secrecy Index thoroughly evaluates each juri

Jakarta - 18 February 2020 - The Indonesia Customs and Excise Department, which sits under the Ministry of Finance, today announced the use of the blockchain-enabled TradeLens platform in Indonesia. The announcement follows several months of implementation since the department first announced it was joining the TradeLens ecosystem at the end of last year. Indonesia Customs and Excise Department is the third government agency in Southeast Asia to use the platform. TradeLens is

Illicit Financial Outflows (IFFs) are a major source of leakage of economic value from African economies. Illicit Financial Flows (IFFs) can be traced back to commercial activities such as tax evasion, trade mis-invoicing and abusive transfer pricing. The introduction and implementation of the Digital Tracking and Tracing Solution (DTS) commonly known as the #DigitalTaxStamp will deliver transparency in the outputs of the manufacturing process from industrial production lines