04/07/2016
Statement from OECD Secretary-General Angel Gurría on the 'Panama Papers'
The “Panama Papers” revelations have shone the light on Panama’s culture and practice of secrecy.
Legal,Regulation,Tax & Compliance
04/07/2016
Swiss police raid UEFA as offshore tax scandal spreads
Europe football body scoured for contract mentioned in the Panama Papers with broadcast rights allegedly sold for cheap.
04/07/2016
I was abused and tortured in Dubai jail, says ex-Leeds United boss Haigh
An extended version of the interview with David Haigh is in today’s Yorkshire Evening Post.
04/07/2016
Mossack Fonseca files complaint with AG, founder blames hackers in Europe
The firm's co-founder Ramon Fonseca told Reuters that the firm filed complaints with the Attorney General's office in Panama.
04/07/2016
Shanghai police arrest 21 suspected of wealth management fraud
Police have arrested 21 people with ties to well-known Shanghai investment firm Zhongjin Capital Management, accused by police of illegal fundraising in China's rowdy and chaotic wealth management industry. Municipal police said in a statement on th
04/06/2016
Ex-State Street executives charged in US for defrauding clients
Two former high-ranking executives of a Boston-based financial services company, which is one of the world’s largest asset managers and custody banks, have been charged with engaging in a scheme to defraud at least six of the bank’s clients th
04/06/2016
Jersey leads on the capture and sharing of beneficial ownership information
He welcomed moves for greater transparency and called on other locations that had not done so to introduce a regulatory regime that enabled them to know and share information on the beneficial owners of companies with appropriate authorities.
04/06/2016
Charities & Philanthropy | April 2016 - Withers
With the rules relating to Registers of Persons with Significant Control coming into force tomorrow (6 April), we provide a short update for charities and their trustees.
04/06/2016
Entering Under a Cloud
There couldn’t be a worse time for venerable Hamburg-based Berenberg and Mr. Peters, its current lead partner and top executive, to be drawn into the Panama scandal.
04/06/2016
Forget Panama: it's easier to hide your money in the US than almost anywhere
The term tax haven may evoke images of exotic locales, but Panama actually ranks as the 13th most attractive spot for hiding assets, while the US ranks third
04/05/2016
India's Rich And Famous Named In Panama Papers
The list boasts a touch of Bollywood glamour with veteran actor Amitabh Bachchan and his daughter-in-law Aishwarya Rai Bachchan, a former Miss World featuring on it.
04/05/2016
Apple’s tax affairs spark a transatlantic face-off
Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile
04/05/2016
Apple’s tax affairs spark a transatlantic face-off
Washington calls foul over the EU inquiry — amid anger over a $1tn offshore cash pile
04/05/2016
Ogier advises Palamon Capital Partners on sale of Towry to Tilney Bestinvest
Raulin Amy said: “We are delighted once again to help long standing client Palamon with their restructuring and on the successful sale of Towry.”
04/04/2016
Big Banks Aided Firm At Center Of International Bribery Scandal
Unaoil relied on both banks as it cut deals with corrupt regimes.
04/04/2016
Sweden's Nordea bank in global tax haven tangle
In total, around 400 Swedes are named in the ICIJ's report.
04/03/2016
Rising tax revenues are key to economic development in African countries - OECD
Tax revenues in African countries are rising as a proportion of national incomes, according to the inaugural edition of Revenue Statistics in Africa.
04/01/2016
Bring Swiss Funds Home, Greece Says With Partial Amnesty Offer
The legislation would scrap fines and some surcharges for such disclosures.
04/01/2016
Bermuda introduces Director Information Register
Bermuda has introduced amendments to the Companies Act 1981 (Act) in order to maintain compliance with current Financial Action Task Force (FATF) requirements.
04/01/2016
Global regulators move closer to regulating fintech
The Financial Stability Board, which met in Tokyo on Thursday, has agreed on a framework for categorizing different components of fintech and assessing their potential risks.