10th August 2016
Just days after resigning from a committee set up to study Panama’s finance system in the wake of the Panama Papers scandal, the largest leak of private financial data to the public in history, economist Joseph Stiglitz, a Nobel laureate, told ABC News the remaining panel “will have no credibility… Read More
9th August 2016
Panama Papers cast doubt on island’s ability to push through EU anti-graft laws. Read More
3rd August 2016
Bank admits compliance issues in US and reveals requests from world regulators after Panama scandal Read More
1st August 2016
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday night. The grouping of 28 European nations has… Read More
1st August 2016
Controversial law firm Mossack Fonseca and representatives of the Panama government will be asked to testify in a newly created parliamentary committee on the Panama Papers affair. Read More
28th July 2016
The law firm at the center of the Panama Papers leak may have helped facilitate an alleged multi-million corruption scheme tied to Sonatrach contracts won by Saipem. The International Consortium of Investigative Journalists found that Mossack Fonesca helped Farid Bedjaoui create a Swiss bank account that was used to purchase “shelf” companies in the… Read More
27th July 2016
Offshore protections allow those involved to exploit natural resources, while evading taxes and dodge prosecution for corruption and money laundering. Read More
26th July 2016
Geneva justice authorities have opened a money laundering investigation into former Russian oligarch Sergei Pugachev, blocking access to funds in the process. The investigation is based on revelations in the so-called Panama Papers. Read More
20th July 2016
Nordea, a Nordic bank named in the Panama Papers tax evasion scandal, conceded on Wednesday that it had not done enough in some cases to safeguard fully against crimes such as money laundering. The region’s biggest lender said an internal investigation found many of the files it had reviewed clearly… Read More
18th July 2016
Guernsey States have formally committed to international agreements to clamp down on tax evasion and money laundering. The government says it is supporting an initiative by G5 countries to share information on beneficial ownership. Beneficial ownership refers to when one person benefits from assets even though the legal title belongs… Read More