Data in action
The Financial Secrecy Index is used by governments, international bodies, journalists, academics and campaigners to better understand and tackle global financial secrecy.
United Nations Human Rights Council
Referenced in a report commissioned by the Human Rights Council on the impact of fiscal policy on human rights.
US Senate Committee on the Judiciary
The US Senate Committee on the Judiciary announced ambitions in 2019 to improve its ranking on the Financial Secrecy Index.
Moody’s
The responsible investment network Moody’s ESG Solutions Group (formerly Vigeo Eiris) has included the Financial Secrecy Index in its Country Sustainability Ratings.
Argentina Anti-Corruption Bureau
Referenced in a study by Argentina’s Anti-Corruption Bureau (Oficina Anticorrupción) on tax havens and their impact on Argentina.
Nigeria Federal Inland Revenue Services
Used in Tax Justice Network collaboration with Nigeria’s Federal Inland Revenue Service studying the relative importance of different profit shifting channels.
Central Bank of Italy
The Italian Central Bank used the Financial Secrecy Index for research into the determinants of financial flows to tax havens.
Federal Reserve Bank of New York
The Federal Reserve Bank of New York used the Financial Secrecy Index’s indicators to distinguish locations that have low taxes or weak transparency/high secrecy.
French Parliament and Senate
The French Parliament and Senate has referenced the Financial Secrecy Index multiple times, for the Senate in its report by the investigative commission on capital and tax flight.
European Parliament ECON Committee
Referenced in a study commissioned by the European Parliament’s ECON Committee on improving anti-money laundering policy.
United Nations Economic Commission for Africa
The ground-breaking 2015 report of the Economic Commission for Africa’s High Level Panel on Illicit Flows out of Africa, chaired by H.E. Thabo Mbeki, included the first major publication of a pioneering analysis of illicit financial flow (IFF) risk, which made use of the Financial Secrecy Index’s Secrecy Scores.
Sustainable Development Goals
The Sustainable Development Report includes the Financial Secrecy Index’s Secrecy Score as one of its indicators for the sustainable development goal (SDG) 17. The Financial Secrecy Index is also referenced in the indicator profile.
Transnational Institute
Referenced in the Transnational Institute report “Paraíso de datos”.
United Nations Sustainable Development Solutions Network
Referenced in “Sustainable Development Report 2023: Implementing the SDG Stimulus”.
Parliamentary Assembly of the Council of Europe
The Parliamentary Assembly of the Council of Europe (PACE) as extensively referenced the Financial Secrecy Index in its 2012 report “Promoting an appropriate policy on tax havens”.
Basel Institute of Governance
The Basel Anti-money laundering index by the Basel Institute of Governance includes the Financial Secrecy Index in its assessment of money laundering risk.
Center for Global Development
The Center for Global Development’s Commitment to Development Index uses the Financial Secrecy Index as one component to assess the policy efforts of high-income countries to promote the development of poorer countries.
Fair Tax Mark
The Sustainable Development Report includes the Financial Secrecy Index’s Secrecy Score as one of its indicators for the sustainable development goal (SDG) 17. The Financial Secrecy Index is also referenced in the indicator profile.