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TAX HAVENS NOT DIRTY CASH HAVENS
A new study uses US State Dept., CIA, IRS and FATF findings to show that tax havens are not any more likely to be money laundering centers than are other countries.More on this story here and here.
The study was authored by the Center for Freedom and Prosperity, busy lobbying the US Congress and government on many issues.More on this story here.
RUSSIA EYES PANAMA AS LATIN PARTNER
PANAMA CITY. Visiting Russian officials see Panama as a key partner in a renewed diplomatic and trade push into Latin America. Last year Panama advised Russia on new anti-money laundering measures.More on this story here and here.
BERMUDA INSURERS LLOYDS' MAJOR COMPETITION
The tax haven gives the ancient London firm stiff competition.More on this story here and here.
FT Survey of THE BAHAMASMore on this story here.
CYPRUS SERVED AS BIN LADEN CASH HAVEN
Desperate to shed its tax haven history to get European Union status, CYPRUS is exposed as a former terrorist offshore banking center.More on this story here.
GIBRALTAR REJECTS ANY 'DONE DEAL'
The government here says a Spanish-UK plan for The Rock is 'a total betrayal of our right to self-determination'.More on this story here.
LIECHTENSTEIN SAYS NO ANONYMOUS BANK ACCOUNTS
The government contends 98% of all bank account owners now have been identified and the other 2% frozen until owners are known.More on this story here and here.
COURT ORDERS REPATRIATION OF OFFSHORE FUNDS
A US District Court orders operators of an allegedly illegal pyramid scheme to return millions of dollars held in offshore accounts.More on this story here.
I.R.S. TO RESTART "AUDITS FROM HELL"
Internal Revenue wants to do thousands of random audits to measure overall tax compliance. But can the IRS be trusted?More on this story here.
The Untrustworthy IRSMore on this story here.
HEDGE FUND ADVERTS
A 60-year SEC ban on hedge fund adverts in the US may soon end.More on this story here.
FRENCH BANKS NIX ISRAELI CHECKS
PARIS. Caught in a police money laundering investigation, major French banks refuse to accept any checks from Israel for clearing.More on this story here.
BAHRAIN BANKS BOAST US$100 BILLION ASSETS
MANAMA. In this mideast hub of Arab finance, more than 100 banks now hold over $100 billion in assets.More on this story here.
MUGABE MONEY TRAIL SEARCHED
BLANTYRE, Malawi. US & UK investigate millions in offshore accounts salted away by ZIMBABWE dictator Robert MUGABE.More on this story here.
ANTI-TERRORISM CURBS HUMAN RIGHTS
As we reported on Tuesday, governments worldwide are using the US-led campaign against terrorism to revoke civil liberties.More on this story here and here.
F.B.I. FAKES TERRORISM STATISTICS
FBI & US Justice Dept. exposed as routinely inflating alleged 'terrorist' crime statistics to bolster their budget demands.More on this story here.
Electronic Frontier Foundation fights for civil rights in the face of the all out US anti-terrorist campaign.More on this story here and here.
THE STATE OF U.S. CIVIL FORFEITURE LAWS
Government taking of property on flimsy excuses has not changed because of so-called 'reforms.' Here's the true picture.More on this story here.
SWISS BANKERS STAND FIRM ON SECRECY
A leading Swiss banker charges US 'policy of power' pressure on offshore banks causes unneeded major problems.More on this story here.
The Swiss economics minister defends bank secrecy as moral.More on this story here.
U.K. FOREIGN OFFICE 'REASSURES' GIBRALTAR
After kicking the colonial residents in the teeth, Whitehall smiles.More on this story here.
CANADIAN LOONIE LOW
The Canadian dollar falls to a lifetime low against its US counterpart, reflecting the fading popularity of Canadian financial assets.More on this story here.
U.S. CITIZENSHIP APPLICATIONS WAY UP
After Sept. 11 attacks, US citizenship applications surge.More on this story here.
ST. VINCENT CLEAN CASH LAWS
St. Vincent & the Grenadines keeps trying to get off the FATF blacklist.More on this story here.
C.F.P. BATTLES AGAINST I.R.S. PROPOSAL
The Center for Freedom and Prosperity pushes the IRS to abandon its proposal to report bank deposit interest paid to nonresident aliens.More on this story here.
MORE U.S. TAXPAYERS DEFY I.R.S.
1 in 4 taxpayers say they might cheat on taxes; 5% say they cheat.More on this story here.
NEW U.S. TAX LAW CHANGES TAKE EFFECT
The devilish details of new 2002 tax cuts and changes.More on this story here.
PLAN AHEAD; see Vern JACOBS Pre-Meditated Tax AvoidanceMore on this story here.
CENTRAL AMERICAN TRADE ZONE
A US free trade agreement could transform Central America.More on this story here.
U.K. CLIENTS HAVE A RIGHT TO KNOW
Banks, law firms and accountants must disclose internal reports of money laundering suspicions to clients on request.More on this story here.
FRENCH BANKERS CLAIM INNOCENCE
Paris police arrest banks officials in money laundering probe.More on this story here.
OFFSHORE BANK SCRUTINY GROWS
LONDON. International banks are coming under increasing scrutiny following two dramatic collapses, Argentina's economy and Enron.More on this story here.
S.E.C. 10-K FORMS EXPOSE ENRON, TRUE VALUES
Savvy investors can learn plenty about corporate finances if they just know where to look; try the SEC's public 10-K and 10-Q Forms.More on this story here.
How 10-K SEC reports might have exposed Enron's true condition.More on this story here.
U.S. C.I.A NOW SPIES ON AMERICANS AT HOME
The CIA Charter says it can't, but now the world spooks are spying on citizens and people within the United States.More on this story here.
PATRIOT ACT; BUREAUCRATS DREAM
The USA Patriot Act's "anti-terrorism" provisions come under intense fire from civil liberties groups.More on this story here.
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