Menu

More News

U.S. Agrees that Time is Now for a Global Minimum Corporate Tax Rate
April 7th, 2021
On Monday, new U.S. Treasury Secretary Janet Yellen spoke in front of the Chicago Council on Global Affairs. Amidst ongoing discussions in the U.S. about a proposed $2 trillion economic plan, as well as discussions on financial responses to the pandemic and the Biden administration’s proposed economic and investment policies, Yellen revealed that the U.S. is
Continue Reading
How to Combat Illicit Financial Flows During a Pandemic
March 17th, 2021
Curbing illicit financial flows (IFFs) under typical conditions is difficult—but trying to do so on top of battling a pandemic is a recipe for even more challenges. From travel shutdowns to figuring out digital collaboration, the past year has been one of constant obstacles and struggles. In addition to everything the Covid-19 pandemic threw our
Continue Reading
Settling accounts: what happens after SwissLeaks?
February 18th, 2015
A major leak of incriminating HSBC records last week resulted in print and television news coverage around the globe, trended on Twitter for several days and prompted several governments to start long-anticipated investigations. Through its Swiss entity, the British banking juggernaut helped customers from around the world to hide their money for tax evasion or other nefarious purposes without any questions asked. In fact, in several of the ‘scripts’ which accompany the accounts, banking personnel are seen to be very willing to accommodate dubious requests—from allowing cash withdrawals worth millions of dollars to setting up sham legal entities to obscure...
Continue Reading

Why is Canada the only G7 country still without a commitment for a central beneficial ownership registry for shell… https://t.co/Wu8MKYI5Dk
- Friday Apr 9 - 5:55pm

Follow @FinTrCo