05/04/2016
Panama Papers: Head of Lithuania’s Central Bank Linked to Offshore Accounts
The three were authorized to open bank accounts at the Lithuanian branch of the Swedish bank Skandinaviska Enskilda Banken AB and to perform other actions related to opening the account.
05/03/2016
We are obviously interested what those papers and the discussions around those papers – what it means and what criminality may be at play.”
05/03/2016
Previously unreported papers—part of a leak from HSBC’s private bank in Geneva—known as the Swiss Leaks reportedly show how Moussaieff had links to offshore companies and to trusts registered outside the UK.
05/02/2016
If the process is legal, why are we labelled a tax haven?
05/02/2016
BVI FIs with UK FATCA reporting obligations that have already enrolled on BVIFARS for US FATCA are not required to submit a new enrolment application but can log on and complete a Change of Reporting Obligations form to update their reporting obligations
05/02/2016
Onshore might be about to become de rigueur, and the UK stacks up rather well, says Andrew McNally
05/02/2016
He said after the scandal the UN convention against corruption enacted in 2003, might be strengthened further.
05/02/2016
Japan’s political elite is so far untouched by the scandal.
05/02/2016
There are varying reasons for the decline, ranging from privacy concerns following a leak of documents in the BVI, to the stricter regulations on transparency that were enforced in the wake of the financial crisis.
04/29/2016
As world leaders consider what to do about the revelations emerging from the Panama Papers, Liberia's government will be worrying about the fall-out that may cross the Atlantic Ocean from the affair.
04/29/2016
Moscow hopes to be a full member of the OECD's information exchange system by 2018, according to Russian media.
04/29/2016
OECD officials say they have long tried to get Panama to agree to their common reporting standards on exchanging tax information, to no avail.
04/29/2016
QROPS pensions, for instance, are perfectly legitimate tax shelters for pension savings in just the same way as UK workplace pensions
04/29/2016
Bermuda provides over a quarter of the capacity for Lloyd’s of London.
04/29/2016
Renewed calls for a review of transparency standards after fresh disclosures by the University of Hong Kong and Chinese University
04/29/2016
From 1 October 2016 a special Voluntary Disclosure Facility will open which will allow natural persons, corporates and close companies, which are resident in South Africa, to disclose previously undisclosed foreign assets and income to regularise their t
04/29/2016
Offshore Tax Bulletin
04/28/2016
This article would seek to shed light on some less discussed aspects of the offshore finance industry.
04/28/2016
Deal allows for automatic exchange of information about U.S. citizens’ accounts
04/28/2016
But earlier this month, major banks in the territory suddenly stopped accepting Sasago’s applications to open accounts.