04/11/2016
Panama Papers: Bermuda mentioned in UK media
The article explains that blind trusts are used to prevent ministers from using their positions from influencing their own investments, but also keeps their financial affairs private.
Tax
04/11/2016
David Cameron's Panama Papers Show How Little Offshore Tax Dodging Is Going On
The reason for this is that as we can see, the income from David Cameron’s offshore foray was in fact all declared and tax paid on it, justly and righteously.
04/11/2016
How a US president and JP Morgan made Panama: and turned it into a tax haven
In 1903 the US bullied Colombia into giving up the province that became Panama. The plan was to create a nation to serve the interests of Wall Street
04/11/2016
Swiss finance minister offers defence for rich caught up in Panama Papers
Four decades of documents from Panamanian law firm Mossack Fonseca, which specialises in setting up offshore companies and has offices in Zurich and Geneva, showed widespread use of those instruments by global banks and triggered investigations around the
04/11/2016
India seeks to restart talks with Panama on TIEA to dig up dirty money
The Panama Papers were released earlier this week. The details were made public by the International Consortium of Investigative Journalists.
04/11/2016
KPMG introduced speech by CRA chief as firm faced offshore tax probe
Revenue Canada boss vowed crackdown on offshore schemes as agency was in secret talks to give amnesty
04/11/2016
Billionaire Tax Cheat Olenicoff: `I've Moved Up In The World' With Panama Papers
Forbes 400 member Igor Olenicoff, who pleaded guilty in 2007 to the felony of lying on his federal tax return about $200 million he kept hidden offshore for years.
04/11/2016
Samoa govt defends oversight of offshore trusts
The Samoa government issued a statement on Monday night saying ten licensed trustee companies, including Mossack Foseca, currently operate under its international financial centre.
04/11/2016
ABN Amro helps clients hide assets in tax havens, Dutch media claim
The Panama Papers show ABN Amro has at least six subsidiaries which operate as nominal shareholders.
04/11/2016
Swiss banks face scrutiny over Panama Papers
Switzerland is the world's largest center for offshore wealth, with Boston Consulting Group estimating that around $2.5 trillion in foreign assets was kept with the country's banks in 2014.
04/08/2016
Hong Kong's Bermuda Bent
That attitude isn't unique among the city's businesses.
04/08/2016
Call for direct rule of British overseas territories 'absurd', says Cayman Islands minister
Corbyn was reacting to a massive leak from Panamanian law firm Mossack Fonseca, which had registered more than 100,000 secret firms in the British Virgin Islands.
04/08/2016
Revealed, former HSBC boss's tax haven: Leaked documents show executive tried to avoid paying by placing £8m town house in offshore company
The ‘Panama Papers’ reveal the former boss held his £8million townhouse through a trust
04/08/2016
Panama Papers: UK banks given one week to disclose links
UK banking groups have been given just one week to report back to the financial watchdog on their links to the law firm at the centre of the Panama Papers furore.
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.
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
PM Intervened To Weaken EU Action On Trusts
Downing Street defends a letter in which Mr Cameron urged officials to focus on companies rather than trusts in a tax crackdown.
04/06/2016
HMRC promises 'swift' action against tax avoiders named in Panama Papers
The British Virgin Islands, which as a British overseas territory is administered by the Crown, has 113,000 shell companies registered with the Panamanian law firm at the centre of the leak, more than any other territory.
04/06/2016
MANX Government defends Island's reputation
Statement speaks to outside world
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.