The Finance Act 2018 has become a law. Now the Foreign Assets (Declaration & Repatriation) Ordinance, 2018 and Local Assets (Declaration) Act, 2018 has become a part of the Finance…
It was only at the turn of the century and around the time Musharraf regime took hold of Pakistan that the UAE became the favourite financial haven for our rich…
Swiss prosecutors are seeking a court ruling that would make it easier to convict whistleblowers for breaking the country's bank secrecy law wherever they are in the world, legal documents…
This article is in continuation of the articles written by me on the matter earlier. A constructive debate has started about the Offshore Asset of Pakistanis in the post 'Panama…
General: 1. In my first article on the subject, published on 26 October 2016, I had identified that there can be various structures in practice for the ownership of 'Offshore…
In my first article on the subject the 'Panama Leaks - A blessing in disguise' published in Business Recorder on April 25, 2015, it was observed that notwithstanding all other…
General: 1. In my first article on the subject, published on 26 October 2016, I had identified that there can be various structures in practice for the ownership of 'Offshore…
In the article published, on this subject, in the paper last week, I had briefly identified the related dimensions of offshore assets of Pakistani citizens. As stated in that article,…
We are endlessly lost in what could pass for a puppetry drama where actors made of flesh and actors made of wood are together producing a constant comedy of errors.…
For most Pakistanis, the Panama leaks have been their first introduction to the secretive world of offshore financial centres, or OFCs. However, these OFCs, including Panama, have been in the…
