The law firm at the heart of the Panama Papers revelations has decided to close its offices in the British-dependent territories of Jersey, Isle of Man and Gibraltar. Mossack Fonseca “will be ceasing operations” in those territories, “but we will continue serving all of our clients”, it said. “This decision has been taken with great […]

President Petro Poroshenko and his lawyers repeatedly said previously that none of the offshore companies Poroshenko set up in the British Virgin Islands (BVI), Cyprus and the Netherlands have bank accounts or conduct any financial activities. Those statements appear to be false.

The anonymous source behind the leak of the Panama Papers has spoken for the first time, offering to help law authorities make prosecutions in return for immunity. In a 1,800-word statement, “John Doe” reveals he has never worked for a spy agency or a government. http://bit.ly/1XctLfl He starts the statement by citing “income equality” as […]

The anonymous whistleblower behind the Panama Papers has conditionally offered to make the documents available to government authorities. In a statement issued to the German newspaper Süddeutsche Zeitung and the International Consortium of Investigative Journalists, the so-called “John Doe” behind the biggest information leak in history cites the need for better whistleblower protection and has […]

PANAMA PAPERS The Commission for the Supervision of the Financial Sector (CSSF) has taken note of the “Panama Papers” by the International Consortium of Investigative Journalists. The CSSF will continue to request that Luxembourg banks and investment firms thoroughly follow their professional obligations, specifically with regards to the prevention of money laundering and will draw the appropriate consequences […]

Chief Minister Ian Gorst has announced the deal with the UK government after ten days of revelations from “The Panama Papers”, a huge leak of documents from a Panamanian law firm that laid bare the tax affairs of some of the richest and most powerful people in the world. Senator Gorst says that the new […]

Recommendations to end UK role as a safe haven for corrupt money The release of the “Panama Papers” has confirmed the UK’s role as a safe haven for corrupt individuals and their stolen wealth. Today, Transparency International UK launches a set of recommendations to end the UK’s role in enabling global corruption and calls on […]

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 […]