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Panama commissions international panel

Panama commissions international panel

Panama commissions international panel to improve financial transparency

Following the ‘Panama Papers’ revelations and the leak of 11.5 million documents from a prominent lawfirm, Panama has embarked on an ambitious project to regain its international reputation. The government of Panama plans to commission international committee of experts that would recommend a modality of improving transparency in Panama’s financial industry. According to the media reporting on these developments, the Government of Panama is hoping that the findings of the international committee will be shared with the international community, potentially resulting in common action to improve transparency among the legal and financial industry across the world

Quelle: CFE’s Tax Top 5 – Key tax news of the week. 28 November 2016

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