All Panama Papers articles – Page 2

  • Blog post

    Trace International launches first global beneficial ownership registry

    2016-05-26T13:15:00Z

    TRACE International, a non-profit business association that pools resources to provide members with anti-bribery compliance support, today launched TRACEpublic, the first global registry of beneficial ownership, developed in direct response to the risks inherent in secret company ownership, highlighted by the Panama Papers.

  • Blog post

    A step toward the light of transparency, but only a small step

    2016-05-09T20:15:00Z

    The U.S. government is now requiring banks to obtain the identifies of those they do business with—a rule, notes Tom Fox, that is long overdue. But criticism of the rule could point to a greater need for legislation to streamline the current system around the creation of corporations. Will Congress ...

  • Blog post

    New legal liabilities after Panama Papers?

    2016-05-09T20:15:00Z

    The Man From FCPA, Tom Fox, looks at the implications behind the United Kingdom’s new mandate that banks selling to offshore companies in “murky territories” will be held responsible if it facilitates tax evasion by wealthy individuals, and how that mandate relates to anti-corruption compliance.