The Panama Papers leak is being referred to as the biggest leak of financial data ever. Our Firm has started this NEWS PAGE to track the latest news related to the leak. |
April 5, 2016 - Panama Papers: Credit Suisse, HSBC dismiss offshore companies, tax avoidance allegations
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.
April 5, 2016 - HSBC and Coutts reportedly set up more than 2,000 offshore companies
Mossack Fonseca, the law firm at the centre of the Panama Papers leak, was allegedly asked by HSBC Private Bank and Coutts to create more than 2,000 offshore companies for their clients
April 5, 2016 - 800 Australians investigated after offshore accounts leak
More than 800 wealthy Australians are under investigation by the Australian Taxation Office for possible tax evasion linked to their alleged dealings with a Panamanian law firm, the tax agency said on Monday.
April 5, 2016 - The five most important charts from the Panama Papers leaks
Panama Papers: 10 most popular tax havens
April 5, 2016 - Here Are Five U.S.-Blacklisted Companies Revealed in the Panama Papers
Investigators accuse them of being involved in everything from nukes to oil
April 4, 2016 - ‘Panama Papers’ Chilling Effect On Miami’s Housing Market
Federal authorities are already scrutinizing large cash deals in South Florida to find out where the funds come from. The concern is some of the money may be illicit.
April 4, 2016 - Panama Papers: Secret offshores trace back to Brickell condo featured on ‘Miami Vice’
The propensity to look the other way has helped turn South Florida into a hub of the world’s shadow economy. A cottage industry of lawyers and accountants based in Miami helps clients form offshore companies that can mask their activities.
April 4, 2016 - Massive leak reveals money rings of global leaders
The documents, combed through in the past year by dozens of journalists worldwide, show links to 72 current or former heads of state, including dictators accused of looting their own countries.
April 4, 2016 - Panama Papers vs NSA: How big is the latest leak?
That compares to about 1.7 million documents taken by Snowden, the former National Security Agency contractor who leaked details of the organization's surveillance efforts. The NSA release amounted to just 15% the number of documents involved in the Panama Papers investigation.
April 4, 2016 - PANAMA PAPERS: WHO WAS BEHIND THE INVESTIGATION INTO ELITE'S TAX HAVENS?
With the Panama Papers exposé perhaps we can now say the fortress walls of offshore secrecy are finally cracking. Such havens allow corruption and tax avoidance to take place on a massive international scale by some of the richest and most powerful people on Earth. Meanwhile, the poor get poorer.
April 4, 2016 - 'Panama Papers': Who will get hit hardest?
Western financial institutions may have the most to lose. UBS and Credit Suisse agreed in recent years to pay large sums to settle accusations of helping rich clients evade U.S. taxes.
April 4, 2016 - Panama Papers: Trove of data on offshore accounts prompts probe, questions
The data dated from 1977 through the end of 2015, the paper said. The newspaper and its partners verified the authenticity of the data by comparing it to public registers, witness testimony and court rulings, Obermayer added.
April 4, 2016 - Banks Have a Panama Problem
The worry for the banks is that the Panama Papers raise the prospect of yet more scrutiny, additional regulation and compliance and the risk of more fines.
April 4, 2016 - Leaked offshore financial data kicks off investigation
Amy Kellogg reports from Rome
April 4, 2016 - Massive financial leak reveals world leaders accounts
Massive financial leak reveals world leaders accounts. Trove of data said to be larger than WikiLeaks