FOCUS World over, crackdown on dirty money is intensifying each passing day. It is not just the United States and its European allies which have stepped up their war on black money and are tightening their laws to stop the unbridled spread of this money into their economies, but they are also putting pressure on […]

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The Malta Gaming Authority is concerned that the lack of collaboration between anti-Mafia Italian authorities, the Malta Police Force and regulators might be adversely affecting the fight against irregular gaming activities, which could be a cover for money-laundering. Sources have confided that, although the regulator was not a law enforcement agency, intelligence about irregular activity […]

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Switzerland’s financial regulator said it is prohibiting a Zurich-based bank from accepting new private clients after an investigation sparked by the «Panama Papers» uncovered a ten-year pattern of money-laundering. Swiss regulator Finma banned Russian-owned Gazprombank from acquiring new private clients as a result of serious violations of Swiss money-laundering rules at the Zurich-based bank, according […]

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An opposition MP today in parliament urged Finance Minister AMA Muhith to retire right now, taking responsibility for massive damage in the country’s economic and banking sectors. “Taking the responsibility, you please go into retirement today not waiting for December and relieve the nation. It’s our urge to you,” Jatiya Party lawmaker Ziauddin Ahmed Bablu […]

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Jonathan Kent, Business Editor <!––> Make text smaller Make text larger Michael Dunkley: to speak on Paradise Papers panel at a conference in Miami Related Stories Michael Dunkley is to speak at a conference on a panel alongside the head of the group that released the Paradise Papers last year, as well as one of […]

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An opposition MP today in parliament urged Finance Minister AMA Muhith to retire right now, taking responsibility for massive damage in the country’s economic and banking sectors. “Taking the responsibility, you please go into retirement today not waiting for December and relieve the nation. It’s our urge to you,” Jatiya Party lawmaker Ziauddin Ahmed Bablu […]

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International and regional organizations say the taxes in the Caribbean should be raised to best assist their needs in public sectors and meet the United Nations’ Sustainable Development Goals (SDGs). RELATED:  Caricom, African Union Slams Trump’s ‘Racist and Reprehensible’ Anti-Immigrant Remarks Tax systems in the Caribbean are ineffective, a collection of concerned international groups said […]

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Advertisment The Canada Revenue Agency (CRA) has carried out a series of simultaneous raids in Vancouver, Calgary and Toronto related to offshore tax havens identified in the Panama Papers. Agents for the CRA executed the three search warrants Wednesday morning in West Vancouver,… read more at: https://www.baystreet.ca/articles/economiccommentary/36464/Canada-Revenue-Agency-Raids-Several-Locations-Seeking-Information-On-Tax-Dodgers

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The concerned government agencies have so far taken no steps against those named in the Panama Papers, Offshore Leaks and Paradise Papers. Bangladesh Bank said it had provided information to the Anti-Corruption Commission and that the commission should take steps to this end. The anti-graft body said they were monitoring the situation.As many as 20 […]

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Investigators with the Canada Revenue Agency raided an address in West Vancouver Wednesday in connection with an investigation into possible tax evasion connected to the Panama Papers. CRA investigators went into the West Vancouver address with a search warrant Wednesday morning, assisted by the West Vancouver Police. The West Vancouver raid was one of three […]

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The concerned government agencies have so far taken no steps against those named in the Panama Papers, Offshore Leaks and Paradise Papers. Bangladesh Bank said it had provided information to the Anti-Corruption Commission and that the commission should take steps to this end. The anti-graft body said they were monitoring the situation.As many as 20 […]

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CALGARY — The Canada Revenue Agency says it executed three search warrants Wednesday as part of a criminal investigation related to the so-called Panama Papers data leak. The CRA says in a statement that about 30 of its criminal investigators, as well as RCMP and West Vancouver Police, searched for evidence at undisclosed locations in […]

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Investigators with the Canada Revenue Agency raided an address in West Vancouver Wednesday in connection with an investigation into possible tax evasion connected to the Panama Papers. CRA investigators went into the West Vancouver address with a search warrant Wednesday morning, assisted by the West Vancouver Police. The West Vancouver raid was one of three […]

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ISLAMABAD – The Supreme Court on Thursday formed a committee comprising the Federal Board of Revenue chairman, the State Bank of Pakistan governor and the Ministry of Finance secretary to prepare guidelines to bring back money illegally stashed in foreign countries by Pakistanis. A three-judge bench headed by Chief Justice Mian Saqib Nisar was hearing […]

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