FCA Gives Financial Firms a Week to Carry Out Panama Leaks Reviews

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5169
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

FCA Gives Financial Firms a Week to Carry Out Panama Leaks Reviews

Postby kreslik.news » Wed Apr 06, 2016 7:10 pm


Following the recent Panama Papers data leak containing information on the offshore financial dealings of wealthy and powerful people around the world, the Financial Conduct Authority (FCA), the UK’s financial regulator, has allowed banks and other financial firms another week to conduct urgent reviews of whether they are linked to the Panamanian law firm at the centre of the big document leak.

The Financial Times is reported to have seen a letter from the FCA addressed to around 20 banks giving them until 15 April to conduct initial investigations into any ties with law firm Mossack Fonseca, or to companies formed ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”