2018

Transparency International says the G-20 countries aren’t moving fast enough to crack down on money laundering with tougher disclosure requirements regarding beneficial ownership of assets. Above, G-20 finance ministers and central bank governors who attended meetings of the International Monetary Fund and World Bank on Friday.  Good morning. Criminals, human traffickers and sanctions evaders exploit […]

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It is, however, a long way from initial statements made by Cecilia Malmstrom, who as the home affairs commissioner in 2013, said that the executive had no intention to float a bill. Then in 2014, media outlets throughout Europe uncovered how Luxembourg became the go-to country for corporate tax evasion. The scandal was leaked to […]

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Image caption Four apartments in 199 Knightsbridge have been linked to the gang A Ukrainian crime gang used offshore firms in British tax havens to secretly invest millions of pounds in the UK, a BBC Panorama investigation has found. The gangsters, and in some cases family members, bought luxurious property in… read more at: http://www.bbc.com/news/uk-43823962

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Despite tougher rules against money laundering, there are still many shortcomings among member states, the European Central Bank and the Commission. EURACTIV.fr reports. The series of terrorist attacks in Europe from 2015 to 2016 and the Panama Papers scandal have intensified the combat against money laundering. MEPs adopted the fifth revision of the EU’s anti-money […]

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European Union flag The European Union (EU) should have bloc-wide rules to protect whistleblowers, including protections against being dismissed or detained for uncovering illegal activities, the European Commission proposed on Monday. The proposal, which has yet to be approved by member states and EU lawmakers, comes in response to recent scandals where whistleblowers released sensitive […]

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While speaking at the recent Offshore Alert conference, former Finance Minister Bob Richards pointed out the “inherent inconsistency” that the ICIJ’s positioned itself as the “arbiter of the privacy rights” of the people in the Paradise Papers, but at the same time protected the privacy of the source who obtained the documents. This is according […]

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Queen Elizabeth II has had quite a career. Not only is she the longest-reigning British monarch in history — she’s also the longest-reigning current monarch in the world, and the longest-serving current head of state. On Saturday, April 21, she turns 92 years old. She’s the first UK monarch to ever celebrate a sapphire jubilee, […]

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ISLAMABAD – The National Accountability Bureau’s executive board meeting Friday authorised several corruption inquiries and investigations against former president Pervez Musharraf, Federal Minster for Housing Akram Khan Durrani, newly-nominated Pakistan ambassador to United States Ali Jahangir Siddiqui and others. An inquiry was authorised against Musharraf in case of misuse of authority and assets beyond means. NAB […]

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