Trust & Corp Svcs
13th April 2021
By Julett Pineda Sleinan, OCCRP, 12 April 2021 OCCRP — Trying to combat its reputation as a money-laundering haven, Cyprus has launched a new registry that requires companies to reveal their true beneficiaries – a measure the country said it has adopted to improve transparency and… Read More
12th April 2021
At 5am on a chilly Tuesday morning last month, 1,600 police officers and balaclava-wearing special forces, bristling with arms and battering rams, were ordered into action around the Belgian port city of Antwerp. More than 200 addresses were raided in what was the largest police operation ever conducted in the… Read More
12th April 2021
The main group representing multinational businesses in Hong Kong blasted the government’s hasty plan to limit information in the financial hub’s company registry, saying the move could hurt investments and trade. In a letter to lawmakers distributed on Wednesday, The International Chamber of Commerce – Hong Kong urged the government… Read More
30th March 2021
A widening investigation into allegations of high-level corruption on the island of Malta, first levelled by murdered journalist Daphne Caruana Galizia, stretches to China and a $400 million investment into Europe by a Chinese state power company, Reuters has found. Caruana Galizia was murdered in October 2017 as she investigated… Read More
29th March 2021
Malta’s anti-money laundering regime has been given the thumbs up by Moneyval ahead of a final vote set for next month. The decision means Malta could avoid measures which would have had major repercussions on the country’s financial services sector. A Council of Europe anti-money laundering expert committee, known as… Read More
29th March 2021
The richest Americans are hiding more than 20 percent of their earnings from the Internal Revenue Service, according to a comprehensive new estimate of tax evasion, with the top 1 percent of earners accounting for more than a third of all unpaid federal taxes. That’s costing the federal government… Read More
26th March 2021
The focus of most commentators on the UK government’s Integrated Review (IR) of Security, Defence, Development and Foreign Policy was inevitably the headline items: raising the cap on the UK’s nuclear warhead stockpile; the ‘tilt’ to the Indo-Pacific; the threat from Russia; adapting to China; cyber power; and growing… Read More
26th March 2021
By Liubomyra Remazhevska and Maksym Savchuk, OCCRP, 25 March 2021 OCCRP — In the early hours of February 27, 2014, dozens of gunmen in unmarked Russian military fatigues stormed the parliament of Ukraine’s Crimean peninsula, hoisted Russian flags, and stood guard as lawmakers voted to stage a… Read More
25th March 2021
“Every piece of pipeline equipment tells its own story,” is the slogan on the website of the Italian company Nuova Patavium. This motto is particularly apt considering this firm recently equipped a Russian vessel used in the construction of the Nord Stream 2 gas pipeline in the Baltic Sea. DW asks, what if that story… Read More
25th March 2021
By Aubrey Belford, Adam Klasfeld and Kelly Bloss OCCRP — On September 18, 2018, a sleek, graphite-black private jet glided down from the stratosphere towards Izmir, an ancient harbor city on Turkey’s Aegean Coast. On board was a motley group of Americans on a mission to free Andrew… Read More