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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Harry Cassin Managing Editor


Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in Panama (60)

Tuesday
Aug092016

Pieth, Stiglitz quit Panama Papers panel

Mark PiethTwo international experts appointed by the Panama government to investigate the use of anonymous offshore companies to evade taxes and hide assets quit Friday because of government interference.

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Wednesday
Jul272016

Report: Panama Papers show role of shell companies in Saipem Algeria bribes

The law firm at the center of the Panama Papers leak may have helped facilitate an alleged multi-million corruption scheme tied to Sonatrach contracts won by Saipem. 

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Monday
Jun132016

Leonard McCarthy of the World Bank: Settling for Development with Integrity

Historians may look back on 2016 as the year when the global anti-corruption movement took political center stage. Every day, we taste corruption’s bitter fruit in the form of instability, violence and a corrosion of trust that spans from government to sport.

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Wednesday
Jun012016

Mossack Fonseca closes in Jersey, Isle of Man and Gibraltar, cuts back in Nevada and Wyoming

The law firm at the source of the leaked Panama Papers said it's closing its offices in Jersey, Isle of Man, and Gibraltar.

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Friday
May202016

HSBC boss on the Panama Papers: ‘We welcome more transparency’

Douglas Flint -- Group Chairman, HSBC Holdings plc (Image courtesy of HSBC)At the annual general meeting of HSBC Holdings plc in London, Group Chairman Douglas Flint said the world is moving toward "greater transparency and fuller disclosure, which we welcome."

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Tuesday
May172016

Bill Steinman: The death knell tolls for hiding beneficial owners

It’s a scenario that FCPA practitioners see all too regularly. A due diligence report regarding an intermediary reveals that it’s organized not in its home jurisdiction, but in Cyprus. Or Guernsey. Or Panama.

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Thursday
May122016

Martin Kenney on the Panama Papers: BVI has more corporate transparency than the U.S., UK

Martin Kenney appears on CBC News on April 4In the wake of the Panama Papers revelations, the U.S. has (belatedly) announced that it will tighten checks on anonymous companies. The rules, which include requiring financial institutions to find out and keep records on the real owners behind the companies that use their services, aim to help U.S. law enforcement pierce the layers of anonymous shell companies that people can use to disguise their financial dealings around the world.

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Wednesday
May112016

Alison Taylor: We can use stakeholder trust to measure integrity risk

The last five years have seen a dramatic shift in the transparency environment, in a trend that began with Wikileaks launching the Arab Spring, and which is now reaching fruition in the vast data leaks from Luxembourg, Unaoil and Panama. Companies can no longer reliably distribute information as they choose, or maintain control over its interpretation.

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Tuesday
May102016

Panama Papers: RBS, NatWest disclose FCA inquiry

Two related UK banks said in separate U.S. securities filings that the UK's top financial regulator has asked for information about any relationship the banks had with the Panama law firm at the center of the Panama Papers leak or with any individuals named in media coverage about the story.

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Monday
May092016

Shruti Shah on the U.S. response to the Panama Papers: A step in the right direction but more action is needed

Secretary of State John Kerry will attend the London Anti-Corruption Summit on May 12The massive leak dubbed the Panama Papers has given the UK Anti-Corruption Summit on May 12 an unexpected boost. Those coming to the summit, now including the U.S., are lining up to make announcements about the steps they are taking to tackle corruption and specifically financial secrecy.

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Friday
May062016

White House acts to end secret U.S. companies and hidden foreign ownership

Official White House Photo by Pete SouzaThe Obama Administration Thursday announced a series of actions to end the use of anonymous corporations in the United States and require disclosure of beneficial owners when foreigners deposit money or buy assets in this country.

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Tuesday
May032016

Fernando Cevallos: For Latin America, ISO 37001 brings needed compliance credibility

I live in Mexico City and work in Mexico and Latin America. Here's what ISO 37001 looks like from my perspective.

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