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The world’s greatest forum for civil society, goverments and the private sector working together to fight corruption.

A preview of the agenda is found below. Please note that this is a draft agenda and subject to change. 

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Friday, December 2 • 09:00 - 11:00
Overcoming the Shadow Economy

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The Panama Papers are a symbol for the world of ‘offshoreism’.

What is wrong with offshores? Why are they a risk for the world at large? While there
may be legitimate reasons for the use of well-regulated offshore financial centers, the

Panama Papers and other leaks show that those are frequently abused by:
 Criminals hiding their bounty;
 Private people evading taxes;
 Companies ‘optimizing’ taxes instead of paying them where the values are generated
(and where the social costs arise, e.g. in relation to labor conditions and
environmental damage).

What are the effects of intransparency? Intransparency increases the negative impacts of
globalization – especially for the people in developing states – as there are no public
funds for infrastructure, education, healthcare, water etc. at the location of production
and extraction.

Especially developed countries have far too long tolerated and facilitated offshore financial
centers – they need to accept their responsibility.

What are the issues to be discussed:
(1) Phase out offshore financial centers by introducing stringent rules on the identification of
beneficial owners of companies and bank accounts, and ultimately publicly accessible
and verifiable registers for companies.
(2) Implement the global standard that lawyers acting as financial intermediaries, fiduciaries
and company incorporators outside the traditional field of legal work do not dispose of legal
privilege.
(3) Panama would be in a good position to lead the way.

Moderators
avatar for Giannina Segnini

Giannina Segnini

Director of the Master of Science Data Concentration Program, Graduate School of Journalism, Columbia University
Giannina Segnini currently is Director of the Master of Science Data Concentration Program at theJournalism School at Columbia University in New York. Until February 2014, Segnini headed a team of journalists and computer engineers at Costa Rican newspaper La Nacion. The team was fully dedicated to unfold investigative stories by gathering, analyzing and visualizing public databases. Her team processed the data and developed the... Read More →

Speakers
avatar for May Miller-Dawkins

May Miller-Dawkins

Director, Governance and Transparency, The B Team
Leading The B Team's work to end anonymous companies and accelerate open contracting.
avatar for Frederik Obermaier

Frederik Obermaier

Süddeutsche Zeitung
Frederik Obermaier is an investigative journalist and book author living in Munich. He is working for Süddeutsche Zeitung - Germany's biggest quality newspaper.  His work focuses largely on investigative research worldwide. Together with his colleague Bastian Obermayer he initiated and coordinated the "Panama Papers"-revelations and wrote an international bestseller about the project. "The biggest leak in the... Read More →
avatar for Mark Pieth

Mark Pieth

Basel Institute on Governance / University of Basel
Mark Pieth is a Swiss Professor of Criminal Law, specialized in economic and organized crime. From 1989 to 1993, Prof. Pieth was Head of the Section "Economic and Organized Crime" at the Swiss Federal Office of Justice (Ministry of Justice and Police). He has chaired the OECD Working Group on Bribery for 24 years and assumed many roles in international organizations, namely as a Member of the Financial Action Task Force on Money Laundering... Read More →
avatar for Nick Shaxson

Nick Shaxson

Journalist and author of Treasure Islands
Nicholas Shaxson is a British writer, journalist and investigator. He is author of the acclaimed 2007 book Poisoned Wells: the Dirty Politics of African Oil, and, following completion of Treasure Islands in 2010, a journalist and part-time writer and researcher for the Tax Justice Network, an expert-led group focused on tax and tax havens. In 2012 the International Tax Review named him as one of its “Global Tax... Read More →

Rapporteur
avatar for Kathrin Betz

Kathrin Betz

Academic Assistant, University of Basel



Friday December 2, 2016 09:00 - 11:00
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Attendees (32)