Panama Papers

Report: 'Panama Papers' lawyers arrested in corruption case

The founders of the Panama law firm at the centre of the "Panama Papers" leaks last year were under arrest Friday for suspected links to a mushrooming bribery scandal, according to media reports.

End of an offshore era? Panama signs tax transparency treaty

Panama signed an international convention for tax transparency Thursday, agreeing to work with other countries against tax fraud and money laundering, the Organization for Economic Cooperation and Development said.

Danish tax authority pays source for names mentioned in Panama Papers

Denmark will pay an anonymous source for information about hundreds of Danish nationals mentioned in a data leak from a Panama-based law firm linked to tax-dodging schemes, the Danish minister of taxation said Wednesday.

Iceland president says Panama Papers leak won't affect re-election

Iceland's president said Saturday his plans to run for a new term in office were not affected by reports that his parents-in-law had a company in a Caribbean tax haven.

Edward Snowden: Panama whistleblower's manifesto is essential reading

US whistleblower Edward Snowden described the manifesto of the source of the Panama Papers leak as essential reading, ahead of the online release of more data expected Monday.

Report: In-laws of Iceland's president linked to Panama Papers leak

Iceland's president faces potential questions in his re-election campaign over reports Tuesday that his parents-in-law had a company in a Caribbean tax haven.

Malta parliament debates no-confidence vote over Panama Papers leaks

Malta's parliament was on Monday debating a motion of no confidence in the government over Prime Minister Joseph Muscat's failure to sack a minister and his chief of staff, who are implicated in the Panama Papers affair.

Putin: Panama Papers financial data leak had US sponsors

The massive Panama Papers financial data leak had US sponsors, Russian President Vladimir Putin said Thursday.

OECD tax chiefs meet to discuss Panama Papers scandal

The heads of tax authorities from 46 countries were to meet in Paris to discuss a joint response to the Panama Papers on Wednesday, one day after authorities raided the headquarters of the law firm at the centre of the major data leak.

EU wants corporates to reveal tax haven activities after Panama leaks

Large multinational firms should publish detailed information on any profits and taxes registered in tax havens, under a proposal unveiled by the European Union's executive on Tuesday that drew immediate criticism from several campaign groups.

Panama's president calls tax evasion a global problem

Panamanian President Juan Carlos Varela has slammed the singling out of his country for the various tax dodging schemes revealed in the massive data breach known as the Panama Papers.

Infantino criticizes Panama Papers TV deal reports as "disgrace"

FIFA president Gianni Infantino has described reporting over a TV contract which emerged in the leaked Panama Papers affair as a "disgrace."

Britain to "tighten the screw" on tax evasion after Panama leaks

Britain promised to "tighten the screw" against tax evasion on Monday by investigating British use of tax havens revealed in the Panama Papers and introducing tougher legal framework.

Thousands march to demand Maltese premier resign after Panama Papers

Thousands of people took to the streets in Malta on Sunday, calling on the prime minister to resign in the wake of the Panama Papers data leak that implicated two senior members of government. 

Iceland government survives no-confidence vote after Panama Papers

Iceland's centre-right government survived a no-confidence vote late Friday, the day after the prime minister resigned in the wake of a major data leak that sparked widespread condemnation of his financial dealings.

Iceland lawmakers debate no-confidence motion after Panama Papers

Iceland's opposition demanded immediate elections to restore trust in the political system as lawmakers on Friday debated a no-confidence motion after the Panama Papers leak.

Iceland lawmakers to debate no-confidence motion after Panama Papers

The government of Iceland's new prime minister, Sigurdur Ingi Johannsson, faces a no-confidence vote Friday, a day after taking office following fallout from the Panama Papers.

New Iceland premier takes office after Panama Papers leak

Iceland on Thursday got both a new prime minister and a new foreign minister, following the resignation of premier Sigmundur David Gunnlaugsson in the wake of a data leak from a Panama-based law firm.

Iceland premier resigns after Panama Papers leak

Iceland's prime minister since 2013 formally resigned on Thursday in the wake of a data leak from a Panama-based law firm suggesting he and his wife had an offshore company in a Caribbean tax haven.

Putin rejects corruption claims over Panama Papers' offshore funds

Russian President Vladimir Putin on Thursday rejected corruption allegations over offshore funds documented in an unprecedented leak of financial data known as the Panama Papers.

EU urges quicker progress on tax-haven blacklist after Panama Papers

The European Union should produce a common blacklist of international tax havens within six months, the bloc's top taxation official said Thursday, trying to give the project fresh momentum after a massive leak detailing tax avoidance practices.

Iceland's government revamps after Panama Papers revelations

Iceland's prime minister is set to resign Thursday in the wake of a massive data leak from a Panama-based law firm that suggested he and his wife had an offshore company in a Caribbean tax haven.

Panama Papers: Iceland to revamp government as premier takes time out

Iceland's ruling coalition parties have opened talks about revamping the government after Prime Minister Sigmundur David Gunnlaugsson said he was taking a break from politics after being linked to a tax haven, a cabinet member said on Wednesday.

Iceland premier takes time out in wake of Panama Papers

Iceland's Prime Minister Sigmundur David Gunnlaugsson was taking a break from politics Wednesday after a massive data leak from a Panama law firm suggested he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Icelandic premier offers to resign in wake of Panama Papers leak

Icelandic Prime Minister Sigmundur David Gunnlaugsson offered to resign Tuesday amid an uproar caused by a massive data leak from a Panama law firm that suggested he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Obama discusses Panama Papers: Tax evasion is "a big global problem"

Reports about rampant use of tax havens are a reminder that "tax avoidance is a big global problem," US President Barack Obama says, in his first comments on revelations contained in the so-called Panama Papers.

Opposition demands tax haven probe as Cameron linked to Panama Papers

Opposition politicians demanded an investigation of tax havens on Tuesday after an offshore investment fund run by Prime Minister David Cameron's father was among several British companies listed in the Panama Papers.

Pressure mounts on Iceland premier after Panama Papers revelations

Iceland veered closer to early elections Tuesday, but the country's president rejected a bid from beleaguered Prime Minister Sigmundur David Gunnlaugsson to dissolve parliament pending talks with other leaders.

German minister vows to uncover crooked firms after Panama leak

German Justice Minister Heiko Maas has warned banks that they could face legal action if they are not open about their finances and tax obligations in the wake of the so-called Panama Papers leak, which is said to implicate German banks and businesses.

Finance Ministry involved in shedding light on Panama Papers case

Finance Minister Zdravko Maric said in Zagreb on Tuesday that Croatian anti-money laundering services were in contact with such services abroad and were actively involved in dealing with the Panama Papers case.

Panama Papers revelations continue to simmer

The law firm at the centre of a massive data leak, detailing how money was funnelled to shell companies in tax havens, politicians and banks implicated in the revelations battled Tuesday to stave off the ramifications.

OECD dubs Panama "last major holdout" on tax transparency

Following the revelations that Panama has 214,000 so-called letterbox companies, the Organization for Economic Co-operation and Development (OECD) on Tuesday accused the Central American country of serious shortcomings.

Panama Papers firm hits back after data leak

The law firm at the centre of a massive data leak, detailing how money was funnelled to shell companies in tax havens, hit back late Monday at "inaccurate" media reports about its work.

Pressure grows on Icelandic premier to quit over Panama Papers leak

Thousands of Icelanders late Monday gathered outside the parliament in Reykjavik to call on Prime Minister Sigmundur David Gunnlaugsson to resign, following a claim that he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Icelandic premier rejects calls to quit amid leaked Panama Papers

Iceland's prime minister, Sigmundur David Gunnlaugsson, rejected calls Monday to resign or call early elections following a claim that he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.

Swiss financial watchdog steps into action after Panama Papers leak

The Swiss financial market authority FINMA said Monday it is launching a preliminary investigation in reaction to a massive data leak that links Swiss banks, among others, to offshore deals with wealthy and powerful clients.

Finance ministry says carefully following Panama Papers case

The Croatian Finance Ministry said on Monday that it was carefully following developments regarding the Panama Papers scandal and was taking all measures and activities envisaged by the relevant laws regarding information on the possible involvement of Croatian companies or nationals in the scandal.

Icelanders call for premier to quit amid leak of "Panama Papers"

Members of Iceland's political opposition called for Prime Minister Sigmundur David Gunnlaugsson to resign on Monday following a claim that he and his wife secretly channelled funds to an offshore tax haven in the Caribbean.