The Seychelles Financial Services Authority (FSA) says it is concerned about the information contained in financial documents leaked from Panama-based law firm Mossack Fonseca.  The FSA said this week that it will examine the issue and soon establish a course of action to take. “The FSA is concerned vis-à-vis the content of these publications, especially […]

On 7 April 2016, an article on reuters.com reported that the FCA has written to around 20 banks and other financial institutions, giving them a deadline of 15 April 2016 to check whether they have any links to Mossack Fonseca, the firm at the centre of the leak of the so-called “Panama Papers”. http://reut.rs/22hDgZJ According […]

One of the founders of Panama law firm Mossack Fonseca has dismissed accusations of wrongdoing following the leak of millions of its documents as a media “witch hunt” aimed at undermining the legitimate industry of setting up offshore companies. Ramón Fonseca, said he believed the disclosure was the work of hackers, staunchly defended the legality […]

The Panama legal firm at the heart of a massive data leak kept clients who were subject to international sanctions, documents show. Mossack Fonseca worked with 33 individuals or companies who have been placed under sanctions by the US Treasury, including companies based in Iran, Zimbabwe and North Korea. One had links to North Korea’s […]

Mossack Fonseca are threatening to sue the news organizations that worked on the Panama Papers Project as shown here https://panamapapers.icij.org/ – this follows Mossack Fonseca responses to questions from the Miami Herald and the International Consortium of Investigative Journalists with the following statement, which did not address any of the specific due-diligence failings uncovered by […]