FRANKFURT Germany has found no evidence of substantial breaches of money laundering rules by 11 of its banks named in the so-called Panama Papers, the country's financial watchdog Bafin said on Wednesday.
BERLIN Germany's Federal Crime Office(BKA) said on Tuesday it had obtained a copy of the leaked data known as the Panama Papers that last year revealed how offshore firms are used to stash the wealth of the world's rich and powerful.
Panama can remain a competitive financial center while cracking down on tax evaders and other criminals who have used the country to launder money, according to the panel formed by the government after the "Panama Papers" scandal broke in April.
PANAMA CITY The number of new companies incorporated in Panama is on track to drop around 20 percent this year following the massive leak of offshore financial data known as the Panama Papers, the government said on Thursday.
BUENOS AIRES The committee set up to investigate lack of transparency in Panama's financial system itself lacks transparency, Nobel Prize-winning economist Joseph Stiglitz told Reuters on Friday after resigning from the "Panama Papers" commission.
NEW YORK The Panama Papers financial scandal is going to Hollywood.
WELLINGTON New Zealand said on Wednesday it will introduce a registry of foreign trusts that local tax and law enforcement agencies could use to investigate suspected money laundering and tax evasion.
CARACAS Venezuelan authorities have arrested a representative of the Panamanian law firm Mossack Fonseca at the center of the Panama Papers scandal on accusations of seeking clients interested in investing "illicit funds", state prosecutors said.
GENEVA A computer technician at the Geneva office of the law firm at the center of the Panama Papers leak was detained several days ago on suspicion of recently removing large amounts of data, Swiss newspaper Le Temps reported on Wednesday, citing a source close to the case.
HONG KONG/SINGAPORE Regulators in Hong Kong and Singapore have asked banks doing business there to disclose if they have dealings with entities and individuals named in the leaked 'Panama Papers', which contained details on thousands of shell firms, people familiar with the requests said.
PARIS France's top Senate committee decided on Thursday not to pursue Societe Generale Chief Executive Frederic Oudea over allegations he misled France's upper house of parliament in 2012 regarding the French bank's activities in Panama.
PARIS Executives at Credit Agricole and BNP Paribas sought on Wednesday to convince lawmakers they were taking sufficient steps to prevent French customers from using blacklisted tax havens.
SYDNEY Australian Prime Minister Malcolm Turnbull on Thursday denied any wrongdoing after being been named in the Panama Papers as a former director of a British Virgin Islands company set up to exploit a Siberian gold prospect.
JAKARTA Indonesia has started to probe the tax reports of 78 individuals after finding differences between their wealth reports and data from the "Panama Papers", the head of the country's tax office said on Thursday.
PARIS Panama, rocked by a recent major tax scandal, has joined around 100 countries in an agreement to share financial information automatically to tackle tax evasion, the Organization for Economic Cooperation and Development said on Wednesday.
PARIS French bank Credit Agricole said on Wednesday that it no longer managed offshore structures for its clients.
NEW YORK The U.S. Treasury Department wants to go after money launderers, tax evaders and terrorists by cracking open the shell companies they use to hide cash flows, but critics say a new agency effort to identify them could be easily evaded.
KIEV A deputy director of Ukrainian President Petro Poroshenko's confectionery empire is a beneficiary of a company registered in the British Virgin Islands (BVI), according to new information from the leaked "Panama Papers".
OSLO Norway's white-collar crimes police unit on Tuesday established a telephone hotline for people seeking to confess to tax evasion linked to the Panama Papers documents leak and said those who come forward could expect more lenient treatment.
AMSTERDAM Several dozen tax officers in the Netherlands have started chasing leads on possible tax evasion after 250 Dutch offshore entities were named in the Panama Papers leaks, an official said on Tuesday.
President Donald Trump's bid to quickly fill the U.S. Supreme Court vacancy left by Friday's death of liberal Justice Ruth Bader Ginsburg could end the already remote chance of a pandemic relief package before the Nov. 3 election, bank analysts say.
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