Regulator asks firm to appoint ‘qualified person’, and US and Jersey agents start winding up as Panama Papers fallout continues
Mossack Fonseca, the law firm at the centre of the Panama Papers revelations, remains under investigation in the British Virgin Islands, the country’s financial regulator has confirmed.
The BVI Financial Services Commission said on Tuesday it has asked the law firm to appoint a “qualified person” to oversee its operations and submit reports on its conduct. The announcement came as local agents for Mossack Fonseca in the US and Jersey began winding up their operations.
Continue reading...