A Chinese banking watchdog is seeking to tighten its grip over financial data to avoid leaks to overseas banking supervisors. Financial experts believe this is part of the Chinese Communist Party’s (CCP’s) effort to cover up its economic secrets and the corruption of senior officials. On Nov. 11, the China Banking and Insurance Regulatory Commission…
Leaked ‘Pandora’ Records Show How the Powerful Shield Assets
A new report sheds light on how world leaders, powerful politicians, billionaires, and others have used offshore accounts to shield assets collectively worth trillions of dollars over the past quarter-century. The report by the International Consortium of Investigative Journalists brought promises of tax reform and demands for resignations and investigations, as well as explanations and…
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