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UK Parliament warns that illegal meat imports threaten biosecurity and calls for stronger enforcement and coordination to address the issue

by AdrianaAMLP | Sep 27, 2025

The UK Parliament’s Environment, Food and Rural Affairs Committee has released a report highlighting the escalating crisis of illegal meat imports into Great Britain, posing significant biosecurity risks. The report emphasizes the urgent need for enhanced enforcement,...

UBS AG settles long-standing French tax evasion case, agreeing to pay €835M including a €730M fine – over unlawful cross-border client solicitations between 2004 and 2012

by Jyotsna Bucktowar | Sep 23, 2025

This settlement addresses allegations related to UBS’s involvement in assisting clients with tax evasion through the use of offshore accounts. The resolution marks a significant step in concluding this legacy issue, allowing UBS to move forward with its...

BBC: EU court overturns Malta’s golden passport scheme, citing legal violations and heightened financial crime risks

by Jyotsna Bucktowar | Apr 30, 2025

The court determined that the scheme effectively reduces nationality to a commercial transaction, undermining the principle of mutual trust between EU member states. By granting citizenship in exchange for a significant financial commitment—such as a €600,000...

EU updates tax blacklist: Brunei added to watchlist, Costa Rica & Curaçao exit after reforms

by AdrianaAMLP | Feb 18, 2025

This update is a significant milestone in the EU’s efforts to tackle tax fraud, evasion, and avoidance worldwide…  

OCCRP reports that Billionaire Roman Abramovich’s Company allegedly devised a fake superyacht chartering scheme to evade millions in taxes

by Jyotsna Bucktowar | Jan 28, 2025

A company ultimately owned by the Russian billionaire Roman Abramovich set up a fake superyacht-leasing business in Cyprus in an apparent attempt to evade millions of euros in tax, leaked files and correspondence obtained by OCCRP reveal. Between 1999 and 2010, the...
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