The Financial Transparency Coalition (FTC) is a pioneering global network of organisations working to curtail illicit financial flows and promote a transparent, accountable, and sustainable financial system. Founded in 2009 under the name of the Task Force on Financial Integrity and Economic Development, the FTC has grown into a coalition comprising more than 150 allied civil society organisations and over a dozen governments. It uses its wide reach and deep expertise to influence global norms and standards for financial transparency and to close loopholes in the global financial system.

The FTC’s core mission is to curtail illicit financial flows — money that is illegally earned, transferred, or utilised — which amount to nearly a trillion dollars flowing out of developing countries each year. The Coalition urges international organisations, governments, and the financial community to substantially improve transparency in the global financial system. To achieve this, it focuses on six key policy areas: Country-by-Country Reporting (requiring multinational corporations to publicly disclose sales, profits, and taxes paid); Beneficial Ownership (public registers of the true owners of business entities); Automatic Exchange of Information (cross-border sharing of tax data); Open Data; International Institutional Architecture (ensuring standard-setting bodies are equitable); and Gatekeepers (holding the enablers of illicit financial flows accountable).

The FTC is governed by a Coordinating Committee of member organisations, which includes bodies such as Christian Aid, Eurodad, Global Financial Integrity, LATINDADD, Tax Justice Network, Tax Justice Network Africa, and Transparency International. A neutral secretariat oversees coalition administration. The FTC also includes a non-voting Partnership Panel of Governments and Foundations. From November 2024, the Coalition is fiscally sponsored by LATINDADD, based in Lima, Peru, having previously been sponsored by Third Sector New England, Inc. (TSNE) from 2016 to 2024.

The FTC produces research reports, policy submissions, factsheets, infographics, and briefings on issues related to illicit financial flows and financial transparency. It publishes news and analysis, hosts international conferences — including its recurring International Conference series on global tax governance — and offers webinars and virtual briefings. The Coalition also maintains a network of Allied Organisations that endorse its goals and contribute intellectual support, and it operates a newsletter to keep stakeholders informed of developments in the fight against illicit financial flows.