Time for transparency: the G-20 and the financial crisis

Trust in the financial markets vanished when a lack of transparency became apparent and it is only through transparency that investor confidence and public trust can be restored.

As leaders from the Group of 20 nations prepare to meet on 2 April to determine steps to counter the economic crisis, Transparency International (TI) seeks to ensure that transparency, accountability and integrity are at the top of their agenda.

In a letter to UK Prime Minister Gordon Brown, TI proposes a thorough approach to address the roots of the crisis, the systemic risks created over the years, the nefarious role of tax havens and the rise in global poverty resulting from the meltdown.