Row ignites after Germany slams ‘tax haven’ Malta
16th May 2017
Row ignites after Germany slams ‘tax haven’ Malta
Norbert Walter-Borjans has been busy turning himself into the public scourge of German tax cheats and foreign tax havens. Having already riled Switzerland by buying CDs with stolen bank account data – and then accusing the Alpine state of spying on his tax offices – North Rhine-Westphalia’s finance minister criticized… Read More
Panama’s financial reform agenda must prioritize combating tax evasion
12th May 2017
Panama’s financial reform agenda must prioritize combating tax evasion
Following last year’s leak of confidential financial documents from a Panama law firm, a United Nations rights expert yesterday called on the countries’ authorities to continue to impose greater due diligence on financial and banking institutions. Juan Pablo Bohoslavsky said that such reforms would enable parties to prevent and denounce… Read More
Panama Papers boost tax evasion battle, but no silver bullet
3rd April 2017
Panama Papers boost tax evasion battle, but no silver bullet
The Panama Papers have given ammunition to the fight against tax evasion, but much still needs to happen before the world’s tax dodgers run out of places to hide money, experts say. The papers, published a year ago, linked some of the world’s most powerful leaders, including Russian President Vladimir… Read More
Where are they now? Mixed fortunes a year on from Panama Papers
3rd April 2017
Where are they now? Mixed fortunes a year on from Panama Papers
When the International Consortium of Investigative Journalists and more than 100 media partners began publishing the Panama Papers investigation on April 3, 2016, almost no country was untouched by its revelations. Governments in more than 70 countries have launched over 150 investigations, inquiries, audits and probes into the affairs of… Read More
Brexit will only mean more money laundering scandals like ‘Global Laundromat’
23rd March 2017
Brexit will only mean more money laundering scandals like ‘Global Laundromat’
As part of the EU, the UK has to adhere to the Anti-Money Laundering Directive which is looking at transparency of trusts – but not for much longer. Read More
Panama charges two Mossack Fonseca partners over Brazil link
13th February 2017
Panama charges two Mossack Fonseca partners over Brazil link
Prosecutors in Panama have arrested the partners of a law firm involved in last year's Panama Papers scandal in which thousands of documents related to offshore accounts were leaked. Read More
Panama MEPs should focus on money laundering rules breach
12th January 2017
Panama MEPs should focus on money laundering rules breach
A preparatory document for MEPs of the Panama Papers committee of inquiry has suggested that the committee’s focus should be on the alleged failure to enforce anti-money laundering rules, and taxation and auditing directives. Read More
From Panama Papers to impeachments: 2016 rocked by corruption scandals
21st December 2016
From Panama Papers to impeachments: 2016 rocked by corruption scandals
From the Panama Papers to the impeachments of the presidents of Brazil and South Korea, 2016 was a year marked by corruption scandals, and by rising public outrage over graft. Read More
World’s largest anti-corruption conference to be held in Panama City, 1-4 December
30th November 2016
World’s largest anti-corruption conference to be held in Panama City, 1-4 December
The 17th International Anti-Corruption Conference will take place from 1-4 December in Panama City. Read More
Panama Papers law firm fined $440,000 by BVI regulator
17th November 2016
Panama Papers law firm fined $440,000 by BVI regulator
The British Virgin Islands independent regulator, the Financial Services Commission (FSC), has fined the local arm of the Panama Papers law firm, Mossack Fonseca, $440,000 for its contravention of numerous sections of the Anti-Money Laundering and Terrorist Financing Code of Practice and BVI Regulatory Code. Read More
Popular

The Great Moscow Bank Shakedown

Deutsche Bank Agrees to Pay €15 Million in Money-Laundering Probe

EU to consider tougher tax haven listing

EU agrees steps toward tighter money-laundering supervision

Formations House leak shows need for reforms on creating companies, says anti-corruption chief

Must Read

HSBC Swiss Unit to Pay $192 Million to Settle U.S. Tax Case

U.S. Anti-Money-Laundering Chief Calls for Beneficial Ownership Registry

‘Less action plans, more action’: EU Commission under fire over money-laundering overhaul

Banking: Is Moldova unreformable?

Trump unveils slew of sanctions over human rights abuses overseas