February 27, 2019

BRUSSELS (Reuters) – The European Union should set up a police force to investigate tax evasion and financial crime and create a watchdog to counter money-laundering, EU lawmakers said in a report on Wednesday, which accuses seven member states of acting as tax havens. The report is the result of a year’s work by a […]

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By Joanne Faulkner Law360, London (February 27, 2019, 6:36 PM GMT) — Just two months after winning powers to become Europe’s top anti-money laundering enforcer, the European Banking Authority has already fired a warning shot that should make lenders take notice: A marquee… … read more at: https://www.law360.com/banking/articles/1132344/eba-takes-aml-spotlight-with-new-powers-in-danske-probe

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Parliament’s special tax committee on Wednesday adopted a detailed roadmap towards fairer and more effective taxation, and tackling financial crimes. The recommendations adopted by the Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) range from overhauling the system for dealing with financial crimes, tax evasion and tax avoidance, notably by thoroughly improving […]

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For years, the US government has been promising—or threatening—a more autonomous and aggressive Cyber Command, the sibling of the National Security Agency whose hackers are authorized to wage cyberwar and disrupt America’s adversaries with direct acts of digital sabotage. During last November’s congressional election, it seems, the newly empowered agency quietly flexed its muscles in […]

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Media captionA huge leak of confidential documents has revealed how the rich and powerful use tax havens to hide their wealth A huge leak of documents has lifted the lid on how the rich and powerful use tax havens to hide their wealth. The files were leaked from one of the world’s most secretive companies, […]

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Many people, private institutions or government agencies believe that everything about cryptocurrencies is wrong. Since their rise to popularity and value appreciation, cryptocurrencies have been criticized, especially in the case of bitcoin, for causing harm to the environment as a result of mining activities that consume too much power. Cryptocurrencies have also been bashed for […]

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The leak included 11.5 million documents in all, from Panamanian law firm Mossack Fonseca, which facilitated dizzying webs of shell companies, offshore accounts and other business structures to obscure their clients’ wealth and, in many cases, avoid tax bills in their home countries. … read more at: http://www.waff.com/2018/12/04/conspiracy-financial-crimes-charges-against-men-panama-papers-investigation/

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Director/actor, Alex Winter, and TV host Don Lemon will be discussing the film ‘THE PANAMA PAPERS’ this Thursday on WUSB on ‘Tom Needham’s The Sounds of Film.’ Leaked by an anonymous source to journalists in 2015, the Panama Papers were an unbelievable collection of documents, exposing the use of secretive offshore companies to enable widespread […]

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