Bipartisan amendment forces UK government to impose transparency on its offshore tax havens

One cute side-effect of Brexit is that it got the UK out of pending EU rules limiting financial secrecy as part of a crackdown on money laundering by looting dictators, one percenters, and criminals; the Tories had put a process in train to come up with a made-in-Britain version, which was always going to be weaksauce thanks to the outsize influence of the City of London and its finance bosses on UK politics, but even that was killed by Theresa May's disastrous snap elections last year. Read the rest

Scottish Tories defeat anti-money-laundering measure aimed at shutting down the Russian oligarch-Scotland pipeline

The Scottish Limited Partnership is a notorious financial secrecy vehicle that's been used to launder at least $80 billion, mostly from oligarchs and organised crime figures from the former USSR, in only four years. Read the rest

The UK is finally cracking down on its Russian money-laundry, but hasn't hired people to do the job

Scottish Limited Partnerships are a preferred money-laundering tool of the world's criminals, looters and oligarchs, especially favored by criminals from the former USSR, who have pumped an estimated $80B through them in the past four years alone. Read the rest

The UK's company registry finally prosecuted someone for setting up a fraudulent company, but it's a whistleblower who told them he did it

Companies House, the UK registry of companies, is widely known to be filled with fraudulent registration information about directors, addresses and ownership, and it's this willingness to tolerate fraud that has made the UK one of the first ports of call for criminals and looters looking to launder their fortunes. Read the rest

Scottish police confirm requests from world governments to find money laundered through "the UK's homegrown secrecy vehicle"

Scottish Limited Partnerships (previously) are notorious corporate entities whose true owners are easily disguised, making them perfect vehicles for money laundry. Read the rest

Scotland is still a financial secrecy exporter, laundering billions for Russia's crime-bosses and oligarchs

If you're an oligarch in the former Soviet Union, chances are you owe your billions to corruption and even overt criminal activity, and your ability to hang onto that money is entirely contingent on the sufferance of the even-more-corrupt strongmen at the top, like Vladimir Putin -- one wrong move and you may find yourself stripped of your assets (or even assassinated in broad daylight). Read the rest

Jeremy Corbyn tears into the Tories over incoherent Brexit bumbling

A frequent criticism of Jeremy Corbyn and the revitalised, principled, post-Blair Labour Party is their lack of clarity on Brexit -- some speculated that Corbyn felt that Brexit would, at least, allow for re-nationalisation of privatised industries, something the EU might block -- but at Wednesday's Prime Minister's Questions, Corbyn shredded Theresa May and the Tories with a series of relentless, devastating questions about the slow-motion train-wreck that is the Tories' bungling handling of Brexit. Read the rest

The Paradise Papers: another tax-shelter leak implicates Apple, Trump, Putin, Hollywood, Twitter, Facebook, the Queen and more

1.4TB/13.4 million documents have leaked from Appleby, the offshore law-firm that is part of the "magic circle" of firms employed by the super-rich to manipulate their finances; the documents are supplemented with another "offshore provider"'s files, and the company registries of 19 tax havens. Read the rest

The Malta Files: a European version of the Panama Papers, revealing a global web of corruption

On Friday, a variety of news outlets around the world published the Malta Files, a cache of 150,000 documents leaked "from a Malta-based provider of legal, financial and corporate services," revealing, among other things, that Turkish President Recep Tayyip Erdogan was secretly given a $25M oil tanker (!) by Azeri billionaire Mübariz Mansimov, a "friend" of Trump's who was present at the inauguration. Read the rest