Panama Papers Webcast: Risks and Regulatory Implications with Using Shell Corporations in Domestic and Offshore Structures

Duff & Phelps’ Global Panama Papers Task Force held a webinar on Tuesday, May 3, exploring the risks and regulatory implications with using shell corporations. Read our white paper and listen to the webcast here:

 

General Overview of the Panama Papers

The release of the Panama Papers by the International Consortium of Investigative Journalists (“ICIJ”) caused shockwaves across the globe after some 11.5 million leaked documents from Panamanian law firm Mossack Fonseca identified that tens of thousands of people formed offshore shell corporations to hold funds anonymously. This is part of a larger industry in which reportedly trillions of dollars are held in offshore tax havens around the globe.

The information contained in the Panama Papers leaked documents has already led government regulators and investigative authorities to reinvigorate challenges to previously acceptable practices, as well as to accelerate efforts to enhance transparency standards and accountability on financial institutions that use or interact with shell structures. Additionally, the leak itself highlights cybersecurity vulnerabilities around the globe and the growing importance of proper cybersecurity countermeasures.

Duff & Phelps formed a global task force in response to the Panama Papers, that brings together experts from across our Investigations, Compliance, Regulatory and Cybersecurity teams to counsel clients on the wide range of issues uncovered by this event.

Panelists

  • Polly Greenberg, D&P Task Force Leader and Managing Director in Regulatory Consulting
  • Bruce Dubinsky, D&P Task Force Member and Managing Director in Disputes and Investigations
  • Brian Lozada, D&P Task Force Member and Managing Director in Cybersecurity Services
  • Jalil Asif, Kobre & Kim, English Queen’s Counsel
2016-05-03T00:00:00.0000000 /insights/webcasts-and-videos/panama-papers-2016 webcast {C8894F56-FF6C-4DEA-AB91-58D66A7F0624} {DA6CC51B-740E-439A-B283-2BBFB5326BAA} {AB22E3A7-0FD2-43A7-91E0-C3590E9141B9}

Contact Us

Contact Us

Related Services

Duff & Phelps Compliance and Regulatory Consulting

Compliance and Regulatory Consulting

Cybersecurity Services

Cybersecurity support for asset managers.

Cybersecurity Services

Insights