OECD/G20 Inclusive Framework on BEPS 2020

OECD/G20 Inclusive Framework on BEPS releases 2020 peer review assessments of 131 jurisdictions on the exchange of tax rulings information. The framework focuses on 5 key elements: i) information gathering process, ii) exchange of information, iii) confidentiality of...

HSBC discovery of a ML network

HSBC discovered a suspected money laundering network that received $4.2bn (£3bn) worth of payments, it has emerged, raising questions over whether it disclosed the information to US monitors who at the time…