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 […]

Banks and financial firms have been told to hand over any information about their dealings with the law firm at the centre of the Panama Papers to the UK’s Financial Conduct Authority by a week on Friday. The City regulator had written to major financial firms on Monday, as the details of the accounts handled […]

Jersey is recognised by international standard setters as one of the best regulated finance jurisdictions globally and its authorities have full knowledge of the beneficial owners of all Jersey companies, according to Geoff Cook, CEO Jersey Finance. He welcomed moves for greater transparency and called on other locations that had not done so to introduce […]