Paradise Papers: Nordea loaned billions to tax haven-based shipping firms
From yle UUTISET The Nordic’s largest bank Nordea loaned billions of euros to shipping companies whose vessels were registered in tax havens, according to one of Yle’s first reports on the Paradise Papers – the massive data leak of secret…
US: Did Manafort use Trump to curry favor with a Putin ally?
From Hot Air Manafort’s spokesman Jason Maloni has denied that Manafort had done anything wrong. “With respect to the Caymans controversy. Mr. Manafort believes the matter is dormant and will not be pursued further,” he said in a prepared statement….
International investment firm ordered shut in Bermuda
By John Berthelsen From Asia Sentinel Lebanese Saab brothers’ Bermuda unit closed by courts The Supreme Court of Bermuda has ordered the Bermuda arm of the controversial empire of the Lebanese Saab brothers liquidated following an investigation by KRyS Global,…
U.S. probes banking of ex-Trump campaign chief Paul Manafort
By Jack Gillum, Menelaos Hadjicostis, Eric Tucker Associated Press From Chicago Tribune The U.S. government investigation of President Donald Trump’s former campaign chairman, Paul Manafort, crossed the Atlantic earlier this year to the Mediterranean island nation of Cyprus, once known…
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Sir Ronald Sanders: Transparency vital in passport and residence programmes
By Sir Ronald Sanders From Jamaica Observer The global US television company, Cable News Network (CNN), broadcast the first part of a programme on February 8, 2017 alleging the sale of Venezuelan passports to Iraqis and others through the country’s…
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BEHIND THE HEADLINES: Why offshore financial services declined
By Tony Best From Barbados Nation News Barbados’ offshore financial services jurisdiction is suffering from the impact of a triple whammy of body blows, with more pain to be felt soon. The cumulative damage was summed up in the recent…
Half a billion pounds of Newcastle property bought with offshore companies
BY DAN O’DONOGHUE From Chronicle Live UK Companies registered in tax havens like Panama and the Cayman Islands have bought properties in the city More than half a billion pounds worth of property in Newcastle has been bought using offshore…
Cayman Islands: Jeff Munk to give presentation on new Trump administration
From Cayman Islands Law Society Jeff Munk of Baker Botts L.L.P. will be giving a presentation to the legal profession on the very topical issue of how the new Trump administration is likely to address US tax policy and AML…
Brexit and the Commonwealth: The Round Table looks at what’s next
By Debbie Ransome From The Round Table Academics, high commissioners, journalists and members of the Round Table editorial board met on 10th November to discuss the implications of Brexit for the UK and countries around the Commonwealth at the launch…
Caribbean based impersonators of CySEC and CFTC scamming clients of fined companies
From LeapRate Cyprus financial regulator CySEC has informed that that it has come to its attention that an unknown company based in the Caribbean seems to be presenting itself as various bodies, including CySEC and the US regulator CFTC, for…
