For more than half a century there has been an illicit, shadow financial system operating across the planet. This is the claim of the Financial Integrity and Economic Development Task Force in a paper released to highlight the almost $1 Trillion in funds taken out of developing...
Headquartered in North Carolina, Bank of America is one of the country's top two largest banking institutions. The multi-national financial institution also has major hubs in Hong Kong, New York, Toronto and Minnesota. When BankAmerica was acquired by NationsBank in 1998, Bank of America was officially formed....
The Task Force on Financial Integrity & Economic Development is advised by its Economist Advisory Council, an elite team of PhD economists who work in relevant fields. The Economist Advisory Council is comprised of: Dr. Guttorm Schjelderup, Chair
A recent crackdown on illicit cash outflows has sent a shiver down the spines of many a corrupt official or so-called entrepreneur in developing countries. This new development comes courtesy of a recent G20 resolution to place meaningful and actionable restrictions on banking secrecy and illegal money...
In the wake of the 2008 economic crisis, the majority of experts looked at the lack of regulation of U.S. banks and financial institutions as a major reason for the global crisis. A number of solutions were sought under the leadership of the Obama Administration in the...