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"Panama Papers" Trial To Begin 8 Years After Tax Evasion Scandal
Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies.
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Monaco Royals Rocked By New Claims Over Offshore Assets
Claims by a former close confidant of Monaco's royal family that part of its fortune is placed in tax havens have rocked the affluent city state, in the latest scandal facing the palace under Prince Albert II.
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IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).
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"Operating Illegally": Centre Issues Notices To 9 Offshore Crypto Platforms
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs).
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Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
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Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators
Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint amid escalating tensions between the crypto sector and regulators in the United States.
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ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
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Central Auditor Flags Delays In Strengthening Security Of Naval Assets
An approval accorded by the Cabinet Committee on Security in February 2009 to enhance the security of all coastal and offshore naval assets was "diluted" due to delays in creating the enabling framework, national auditor CAG has said.
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Offshore Financial Services' Hub Panama Adopts Crypto, Passes Law To Permit Digital Assets' Use
Lawmakers in Panama's National Assembly on Thursday approved a bill to regulate the use and commercialization ofcryptoassets in the Central American country renowned as a hub of offshore financial services.
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Global Leaders Scramble To Limit 'Pandora Papers' Damage
World leaders were on the defensive Monday after the release of millions of documents detailing how heads of state use offshore tax havens to stash assets worth hundreds of millions of dollars.
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Pandora Papers Leak: The Biggest Reveals So Far
An unprecedented leak of financial records known as the Pandora Papers has revealed the offshore financial assets of dozens of current and former world leaders and hundreds of politicians from Asia and the Middle East to Latin America.
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'Pandora Papers' Show Heads Of State Hid Millions Offshore: Report
More than a dozen heads of state and government, including the King of Jordan and the Czech prime minister, have amassed millions in secret offshore assets, according to an investigation published Sunday.
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Election Candidates Will Now Have To Declare Offshore Assets
Candidates in the upcoming Lok Sabha elections will have to declare their offshore moveable assets and liabilities in their affidavit, as per an amendment made by the Election Commission of India (ECI), an official said on Friday.
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Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
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Pakistan Court Dismisses Petition Seeking Imran Khan's Disqualification
Pakistan's Supreme Court today dismissed a review petition filed by a Pakistan Muslim League-Nawaz (PML-N) leader seeking disqualification of Prime Minister Imran Khan over non-disclosure of his assets and ownership of offshore companies.
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"Panama Papers" Trial To Begin 8 Years After Tax Evasion Scandal
Twenty-seven people are set to go on trial on Monday for money laundering in connection with the "Panama Papers" tax evasion scandal, which revealed how many of the world's wealthy stashed assets in offshore companies.
-
Monaco Royals Rocked By New Claims Over Offshore Assets
Claims by a former close confidant of Monaco's royal family that part of its fortune is placed in tax havens have rocked the affluent city state, in the latest scandal facing the palace under Prince Albert II.
-
IT Ministry to Block Binance, Kraken, More Crypto Websites After FIU Issues Show Cause Notice
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PMLA).
-
"Operating Illegally": Centre Issues Notices To 9 Offshore Crypto Platforms
As part of compliance action against the offshore entities, Financial Intelligence Unit India (FIU IND) has issued show cause notices to nine offshore Virtual Digital Assets Service Providers (VDA SPs).
-
Binance CEO's Trading Firm Received $11 Billion via Client Deposit Company, Claims SEC
Merit Peak, an offshore trading company controlled by Binance CEO Changpeng Zhao, received around $11 billion (nearly Rs. 90,890 crore) of client assets through a Seychelles-based firm set up to take customer deposits, a US Securities and Exchange Commission filing shows. The SEC filing, which on Tuesday asked a US court to freeze Binance's US asse...
-
Coinbase Launches International Exchange for Crypto Derivatives Amid Rising Tensions with US Regulators
Coinbase Global launched an international exchange for cryptocurrency derivatives on Tuesday, as the company looks to expand its global footprint amid escalating tensions between the crypto sector and regulators in the United States.
-
ONGC To Invest $2 Billion To Drill Record 103 Wells In Mumbai Offshore
Oil and Natural Gas Corporation (ONGC) has three main assets off the west coast - Mumbai High, Heera and Neelam, and Bassein and Satellite, which contributed the bulk of 21.7 million tonnes of oil and 21.68 billion cubic metres of gas it produced in 2021-22.
-
Central Auditor Flags Delays In Strengthening Security Of Naval Assets
An approval accorded by the Cabinet Committee on Security in February 2009 to enhance the security of all coastal and offshore naval assets was "diluted" due to delays in creating the enabling framework, national auditor CAG has said.
-
Offshore Financial Services' Hub Panama Adopts Crypto, Passes Law To Permit Digital Assets' Use
Lawmakers in Panama's National Assembly on Thursday approved a bill to regulate the use and commercialization ofcryptoassets in the Central American country renowned as a hub of offshore financial services.
-
Global Leaders Scramble To Limit 'Pandora Papers' Damage
World leaders were on the defensive Monday after the release of millions of documents detailing how heads of state use offshore tax havens to stash assets worth hundreds of millions of dollars.
-
Pandora Papers Leak: The Biggest Reveals So Far
An unprecedented leak of financial records known as the Pandora Papers has revealed the offshore financial assets of dozens of current and former world leaders and hundreds of politicians from Asia and the Middle East to Latin America.
-
'Pandora Papers' Show Heads Of State Hid Millions Offshore: Report
More than a dozen heads of state and government, including the King of Jordan and the Czech prime minister, have amassed millions in secret offshore assets, according to an investigation published Sunday.
-
Election Candidates Will Now Have To Declare Offshore Assets
Candidates in the upcoming Lok Sabha elections will have to declare their offshore moveable assets and liabilities in their affidavit, as per an amendment made by the Election Commission of India (ECI), an official said on Friday.
-
Illegal Overseas Assets Of "Thousands Of Indians" Under Scanner: Report
The Income Tax Department has launched a major operation to investigate cases of illegal funds and properties stashed abroad by Indians and may invoke the new anti-black money law for strict criminal action in many such cases, officials said on Monday.
-
Pakistan Court Dismisses Petition Seeking Imran Khan's Disqualification
Pakistan's Supreme Court today dismissed a review petition filed by a Pakistan Muslim League-Nawaz (PML-N) leader seeking disqualification of Prime Minister Imran Khan over non-disclosure of his assets and ownership of offshore companies.
