UK Overseas Territories: Sunny places for shady people?

The British Virgin Islands (BVI) has been named more than 113,000 times in the disclosed documents from Panama Law firm Mossack Fonseca, the Bahamas over 16,000 times and Aguilla over 4,000.

Top ten jurisdictions for financial secrecy revealed

In light of recent information disclosed in the Panama papers, the Central American nation is under more scrutiny about its tax transparency than ever before. International financial organisations warn that Panama is not even in the top 10 jurisdictions for aiding reporting secrecy.

PANAMA: Deadline cut for the surrendering of bearer shares

Panama’s National Assembly has sent the Law No.18 2015 for final approval, which will bring forward the deadline for the total immobilisation of bearer shares. All existing bearer shares must be cancelled or deposited in custody before the end of this year (31st December).