Moderator: Kieran Beer | Speakers: Jonathan Lopez, Andy Pryke and Jacqueline Shinfield
About this talk
Lessons from the Panama Papers: Analyzing Systemic Compliance Failures to Formulate Corrective Responses
The massive leak of the Mossack Fonseca law firm records provided a shocking look at a world of rampant corruption, unfettered money laundering and sophisticated methods of concealing financial crime. The documents detail egregious abuses of shell companies, the often shady role of intermediaries in enabling kleptocrats, tax evaders and other financial criminals, and reveal how global institutions, knowingly or unknowingly, can be used to facilitate illegal acts. This powerful webinar examines how the alarming behavior evaded detection, and outlines the urgent actions needed to stanch such practices.
•Analyzing actions of government officials to strengthen your institution’s anti-bribery, corruption and PEP screening
•Charting shell firm and offshore haven usage to enhance ultimate beneficial ownership determination
•Examining varied asset hiding strategies to identify and protect against common tax evasion typologies