Global Task Force: ‘Country-by-Country reporting’
Global Task Force released a report detailing a new system to improve transparency in multinational corporations. Termed ‘country-by-country reporting’ the new system aims to disclose full details of multinational corporation’s commercial transactions and ensure ‘fair business practice’.
The Global Task Force on Financial Integrity and Economic Development is a consortium of Governments and NGOs and focuses on achieving greater transparency in the global financial system for the benefit of developing countries.