Search Results for: International law firm
‘Panama Papers’ Database Will Soon Go Public, Allowing Online Search Of More Than 200,000 Offshore Entities
April 27th, 2016
The International Consortium of Investigative Journalists (ICIJ) said Tuesday that the Panama Papers, a massive trove of documents about offshore companies and the people who established them, will be available online as a searchable database beginning May 9. The anonymously ...
UK and EU states call for rapid access to global beneficial ownership register
April 27th, 2016
The UK has joined forces with 19 European countries and the British overseas territories of Anguilla and Montserrat in the Caribbean, to issue a joint statement callng for rapid adoption of the automatic exchange of beneficial ownership information The ...
Former PwC employees to stand trial over Luxleaks scandal
April 26th, 2016
THE LUXLEAKS scandal starts a new chapter today as two former PwC employees go on trial accused of leaking thousands of corporate documents that expose Luxembourg’s shadowy tax deals. Antoine Deltour, a former auditor for the Big Four firm and ...
Saudi $10 Billion Financial District Is Missing One Thing: Banks
April 20th, 2016
Saudi Arabia’s $10 billion financial hub in Riyadh will have gleaming towers connected by sky bridges, cutting-edge climate technology and a monorail that can circle the whole area in 11 minutes. What it doesn’t have yet are banks. Not ...
The ECB and shadow banking
April 19th, 2016
Markets have fully adjusted to a financial world which reflects the leadership and management of money by central banks, and are increasingly frightened of any prospect of their control failing. Every time the system stumbles, the response has been ...
European Parliament to host blockchain conference
April 18th, 2016
The European Parliament is set to host a four day conference on virtual currencies and blockchains as it seeks to educate MEPs about the fast-growing world of distributed ledgers. Taking part next week, the non-commercial exhibition will bring together ...
Panama Papers: Mossack Fonseca office raided
April 13th, 2016
The offices of Panama-based law firm Mossack Fonseca were raided late Tuesday by crime prosecutors, who searched for evidence of money laundering and illegal activities, reports said. The law firm has been at the centre of a global controversy, ...
Cyprus: 86 people on ‘Lagarde List’ have been sent tax notices
April 12th, 2016
The first leg of the Tax Department’s investigation into a list of deposits in Swiss HSBC bank in 2003 has been completed, with 86 individuals sent notices, tax czar Yiannis Tsangaris said on Monday. Speaking on state radio, Tsangaris ...
Justice Department Sues to Block Halliburton’s Acquisition of Baker Hughes
April 7th, 2016
Merger would eliminate significant head-to-head competition in oilfield services industry The Department of Justice filed a civil antitrust lawsuit today seeking to block Halliburton Company’s proposed acquisition of Baker Hughes Inc., alleging that the transaction threatens to eliminate competition, ...
Credit Suisse, HSBC dismiss ‘Panama Papers’ tax avoidance allegations
April 6th, 2016
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 ...
