5/09/2018

Notations On Our World (Special Mid-Week Edition): On Our World

Please enjoy these snapshot with all that goes on in our World with developments courtesy of Transparency International and Points of Light that do all that they can to make a difference for all ordinary faces:  
 

The UK government agreed to require British Overseas Territories to introduce public registers of beneficial ownership. That means that companies based in places like Bermuda, the Cayman Islands, Turks and Caicos and the British Virgin Islands will soon have to reveal the identity of the people who own or control them.
The British Overseas Territories have long been a destination of choice for money-launderers and others seeking to move or hide their wealth offshore.
More than half of the offshore companies referred to in the Panama Papers were set up in the British Virgin Islands. Now, it won’t take leaks like those to bring important financial information from these territories to light.
As we highlighted in our report last month, now it is up to the other G20 countries to step up their efforts. If governments in other secrecy jurisdictions don’t act, they might soon find themselves at risk of being used as a refuge for corrupt cash and ill-gotten gains.
They wouldn’t want that, would they? 

The new IMF anti-corruption framework: 3 things we’ll be looking for a year from now
 

The UK just made it harder for the corrupt to hide their wealth offshore

From the Lava Jato scandal  to the Panama and Paradise Papers, time and again we’ve seen how offshore territories - often known as secrecy jurisdictions or tax havens - play a key role in facilitating the illicit flow of money across borders.
 
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New on Voices for Transparency

 

Italians are disillusioned with public contracting, can an ancient archaeological site change that?

In southern Italy, public works are often perceived as useless and a waste of money. Can citizen involvement change that?
 

Corruption in the news this week

GlobalDisclosure in the Caymans: Global walls of financial secrecy are falling
Christian Science Monitor (3 May)
A new British law could have big ripple effects as part of a global trend toward financial transparency. Disclosure of who really owns offshore companies can counter crime and reduce the inequality that arises from corruption or tax evasion.
 

US / HondurasUS Arrests Honduras Elite for Allegedly Laundering Corruption Proceeds
Insight Crime (3 May)
 

CanadaA special adviser will help RCMP tackle B.C.'s 'infamous' money laundering industry
National Post (3 May) TI mention
 

USTrump claims immunity, asks court to toss foreign payments suit
Reuters (2 May)
 

Blog/Opinion

OpinionThere’s a reason for the lack of trust in government and business: corruption
The Guardian (4 May)
 

BlogCorruption is bad
HuffPost (2 May)
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Brothers Team Up to Help Save Blue-Footed Booby

May 2, 2018

Most students study topics in school in order to pass a test. Few take their knowledge and turn it into a commitment to make the world a better place. But that’s exactly what Will Gladstone did after learning about the endangered blue-footed booby in his fifth-grade science class. With the help of their dad, Will and his younger brother Matty started The Blue Feet Foundation, selling blue socks to raise funds - more than $40,000 to date! - to help save the blue-footed boobies. 
Read About These Daily Points of Light

Social Entrepreneur Empowers Women Through Self-Defense, Leadership Training

After surviving a hate crime, Rana Abdelhamid felt shaken and alone. The experience led her to start a nonprofit organization supporting Muslim women’s empowerment through self-defense and skills-based training. Now, Rana’s grassroots movement has expanded  to bring healing and empowerment to all women, reaching more than 3,000 worldwide.

Read About This Daily Point of Light

Service Unites Speakers Announced

Service Unites 2018 brings together celebrities, activists, athletes, civic leaders and more to talk about civic culture and the importance of giving back. Featured speakers include former Rep. Gabby Giffords and retired astronaut Capt. Mark Kelly; the NFL’s Coty Sensabaugh and his wife, Dominique; actresses Eden Duncan-Smith and Trinitee Stokes; and slam poet Amal Kassir.

Meet Our Speakers »

How Clif Bar & Company Gives Back

At Clif Bar & Company, giving back is in their DNA. With a large focus on giving back in ways that help the planet, “Clifsters”have volunteered nearly 117,000 hours since the inception of the employee giving and engagement program – last year alone, the company’s 1,200 employees volunteered nearly 20,000 hours – and it just continues to grow.

Read More »

Nominate a Woman of Worth

Help us recognize women who are making a beautiful difference in their communities! Nominate an extraordinary woman for L'Oréal Paris Women of Worth. Each honoree will have a chance to receive up to $35,000 to support her individual cause.

Nominate a Woman of Worth »

Veteran Solutions Lab Applications

The Civic Accelerator Veterans Solutions Lab, sponsored by the PwC Charitable Foundation Inc., is accepting applications from early-stage ventures that focus on equipping veterans and their families with skills and resources to succeed in the new economy and civilian life.

Learn More »

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