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Ahead of the official launch of the G20/ OECD BEPS package on Monday, we assess why its predicted outcomes will be a step backwards rather than forwards for tax justice. We also assess the state of play ahead of next week's IMF/ World Bank annual meetings. Plus read our new briefing on transparency and accountability at development finance institutions. 
Top Story

An assessment of the G20/OECD BEPS outcomes: Failing to reach its objectives
Eurodad's tax expert Tove Maria Ryding assesses why the outcomes of the OECD BEPS package, due to be released on Monday, will fail to reach the stated objective of ensuring that multinational corporations pay their taxes ‘where economic activities take place and value is created’.
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Blog

TOSSD overboard? Will this new acronym spell the end of development aid? 
The rich country think tank – the Organisation for Economic Co-operation and Development (OECD) – is embarking on a major change to the way that financial flows between rich and poor countries are assessed, which could have major implications for aid, global public goods and private investment.
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News

Clearing the fog? Transparency and accountability at Development Finance Institutions
Eurodad has questioned whether DFIs are the right institutions to hold such a dominant position in development finance. Over the past few months, we specifically examined their levels of transparency and accountability.
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News

The IMF and World Bank Annual Meetings 2015: The State of Play
Next week’s annual gathering of the World Bank and IMF is going to be different for two reasons. Firstly, Finance Ministers from around the world will leave Washington DC and visit Lima, Peru – the first time the Meetings have been staged in a Latin American country for almost 50 years.
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Briefing 
Transparency and accountability at DFIs
This briefing focuses on the two largest multilateral DFIs: the EU’s European Investment Bank (EIB) and the World Bank Group’s International Finance Corporation (IFC). It examines whether they are the right institutions to hold such a dominant position in development finance by looking at their levels of transparency and accountability.
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What’s New

 
USEFUL RESOURCES
The Financial Transparency Coalition and Christian Aid's new #SwissLeaks Reviewed project reveals that secret Swiss accounts have their harshest impact on the world's poorest economies.



The Institute for Human Rights and Business' reportState of Play: Business and the Sustainable Development Goals: Mind the Gap - Challenges of Implementation offers analysis and recommendations for all actors involved in the SDG process. 

Eurodad's briefing on development finance institutions, A Private Affair, is now available in Spanish.

Jubilee Debt Campaign's briefing disects public private partnerships (PPPs) and the financial cost to governments, and provides a case study on the power sector in Tanzania.

The Bretton Woods Project also published an article on the World Bank's continued push for PPPs, despite acknowledgment of concerns. 

QUOTE 
"Now is the time to create a legal framework on sovereign debt restructuring and all parties must be involved, not just the Washington based institutions with their limited representation"

Asia Pacific Group at the United Nations, in response to the adoption of principles for sovereign debt restructuring

EVENTS
What: IMF and World Bank Annual Meetings
When: 9-11 October
Where: Lima, Peru
Follow #Lima2015 on Twitter.

Eurodad is involved in the following side events:
- The IMF’s role in Central and Eastern Europe’s debt crisis
Copyright © 2015 Eurodad, All rights reserved.

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