March 15th, 2011
Switzerland has made distinct progress in its combat against
money laundering. Yet there are still significant gaps. Switzerland was the trailblazer in the fight against money laundering in the 1990s, but it is now following in midfield. Implementation is still at a high level, but when it comes to the non-banking sector and the reporting of suspect cases, the Swiss Anti-Money Laundering Act (AMLA) still has considerable shortcomings. The standard is higher in the banking sector precisely because the internationally active banks must conform to more than just the Swiss AMLA.
The international anti-money laundering standard is laid out...
March 15th, 2011
King Tut Gilt Statues Are Among Ancient Objects Looted From Cairo Museum
Bloomberg, March 15, 2011
India's 7 most corrupt industries
Rediff Business, March 15, 2011
Corruption threatens to affect India's growth, survey says
Deutsche Press Agentur, March 15, 2011
The great drain robbery
Central Chronicle (Editorial), March 15, 2011
Parliament approves Appropriation Bill
UNI, March 15, 2011
10 reasons we should tax corporations
Guardian, March 15, 2011
Court defers Babar's tax evasion case
BDNews24, March 15, 2011
FBR to launch system to monitor tax evasion
The Express Tribune, March...
March 14th, 2011
I have found a number for the amount of dirty money that is attracted into the United States on account of the secrecy facilities it provides: US$3 trillion. Yes,
three trillion dollars. Which goes quite some way to explaining why the United States came top of the Tax Justice Network’s
Financial Secrecy Index.
The number comes from a
letter to Tim Geithner, US Treasury Secretary, sent by
every single member of the Florida Delegation to the House of Representatives. They are whinnying about new
proposed IRS regulations for the United States to be more transparent about what foreigners earn there. Currently, almost...
March 14th, 2011
Companies let off hook for up to £16bn in tax
The Guardian, March 14, 2011
Money stashed abroad will be brought back, reiterates Pranab news
Express News Service, March 12, 2011
Lehman Auditor May Bear The Brunt
Wall Street Journal, March 14, 2011
Olmert to be charged in Israel property scandal
AFP, March 14, 2011
The Cheaters and Their Banks
New York Times (Editorial), March 13, 2011
Lebanon Lifts Banking Secrecy on 23 Cases Involved in Money Laundering
The Daily Star (Libanon), March 12, 2011
Wealthy Arabs eye Swiss...
