Search Results for: Panama Papers

The Panama Papers: This Is the Consequence of Centralized Money and Power

April 11th, 2016 (0)
Technologies such as the blockchain are enabling alternative ways of creating and distributing money outside central banks and states. If we don’t change the way money is created and distributed, we will never change anything. This is the core ...

Banks told to declare links to Panama Papers law firm by next week

April 8th, 2016 (0)
Banks and financial firms have been told to hand over any information about their dealings with the law firm at the centre of the Panama Papers to the UK’s Financial Conduct Authority by a week on Friday. The City regulator had ...

Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations

April 6th, 2016 (0)
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed on Tuesday suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades ...

UBS, HSBC Offshore Dealings Thrust Into Panama Papers Spotlight

April 5th, 2016 (0)
Report describes UBS’s dealings with law firm Mossack Fonseca Both banks say they comply with laws for vetting customers UBS Group AG and HSBC Holdings Plc — two of the banks hardest hit amid a U.S. crackdown on customers’ illicit ...

Malta: Paradise Papers leave locals polarized

November 17th, 2017 (0)
In the wake of the Paradise Papers leaks, many locals in Malta feel frustrated and are calling on the European Union to come to the rescue. “A term my friend came up with — we are political orphans. We ...

What are the ‘Paradise Papers’ and why should you care?

November 7th, 2017 (0)
Little more than a year after the “Panama Papers” leak, the “Paradise Papers” are shedding light on who is investing huge amounts of money in offshore tax havens. What are the so-called Paradise Papers? The leak is a trove ...

Founders of Panama Law Firm Mossack Fonseca arrested

February 13th, 2017 (0)
Police in Panama arrested the founders of Mossack Fonseca, the law firm at the center of the Panama Papers scandal, on money laundering charges after authorities raided the firm’s headquarters as part of investigations into Brazil’s largest-ever bribery scandal. ...

Panama Says Tax Evasion ‘Not A Crime’ There

May 17th, 2016 (0)
It is a misnomer to call Panama a tax haven, but tax evasion in “not a crime” in the central American country and such a situation does not invite criminal proceedings, its Multilateral Affairs Minister Maria Luisa Navarro said ...

Balkan Offshore Businesses Named in Panama Database

May 12th, 2016 (0)
Scores of people from the Balkans including tycoons, an ex-ambassador, politicians, a banker and some convicted fraudsters appear in a newly-released database of users of offshore tax havens. Scores of people and companies linked to Balkan countries appear in the ...

Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries

April 15th, 2021 (0)
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...
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