Financial Transparency Coalition

Two more Swiss banks have decided to scale down their services to United States-based clients in light of an ongoing tax evasion case that threatens banking secrecy.

Insurer Friends Provident today set out terms for a merger with Clive Cowdery's buyout vehicle Resolution. The deal would scupper Resolution's plans to pay a select band of executives 10% of annual profits and base the new company in a tax haven.

SINGAPORE -(Dow Jones)- The governments of Singapore and Belgium have amended their tax agreement to "enhance" their cooperation on the exchange of information for tax purposes, Singapore's Ministry of Finance said Friday.

East Central St Andrew Member of Parliament Dr Peter Phillips is insisting that the Government do more about the allegations of bribery and corruption surrounding British firm Mabey and Johnson and East Rural St Andrew Member of Parliament Joseph Hibbert.