Past event

Members

The Panama Papers: The Future of Global Financial Governance

Chatham House London, UK

Participants

Juliette Garside, Financial Reporter, The Guardian
Alex Cobham, Director of Research, Tax Justice Network; Visiting Fellow, King’s College London

Rachel Davies, Head of UK Advocacy and Research, Transparency International UK

Chair: Alan Wheatley, Associate Fellow, International Economics, Chatham House

Overview

In April 2016, 11.5 million documents from Panama-based law firm Mossack Fonseca detailing information about more than 210,000 offshore entities were leaked to German newspaper Suddeutsche Zeitung. The ensuing investigation, coordinated by the International Consortium of Investigative Journalists, revealed previously unknown details of secretive offshore tax regimes and show how companies, politicians and global elites used these offshore tax havens.

The panel will offer an insight into how the investigation unfolded and discuss what the Panama Papers reveal about tax havens, bank secrecy and tax evasion. They will also consider what this might mean more broadly for the future of the financial industry and global financial governance.