Authorities in Geneva made the arrest following a complaint by law firm Mossack Fonseca, which is at the center of a massive data leak.
Malcolm Turnbull, a former investment banker and technology entrepreneur, is campaigning ahead of a general election on July 2.
The “Harry Potter” star was named in the latest data leak that revealed she is a beneficiary of a company based in the British Virgin Islands.
The new Customer Due Diligence rule lets financial institutions list a figurehead as a shell company's "beneficial" or true owner, critics say.
“Obvious wrongdoing” by governments and tax-dodging corporations inspired the release of the Panama Papers, wrote a person claiming to be their leaker.
The Customer Due Diligence rule, and proposed legislation, are meant to combat money laundering, finance terror and other offenses.
Royal Bank of Canada's files are said to include names of clients with “relationships or connections” to Panamanian law firm Mossack Fonseca.
Good news for those wanting access to data on offshore accounts of wealthy companies and individuals: It’s in the works for May 9.
Finance chiefs are caught between public calls for greater transparency and company concerns that fully disclosed data will be misinterpreted.
Bags full of shredded documents were seized Friday from the offices of Mossack Fonseca, epicenter of a massive data leak.
The group that acquired the Panama Papers, which it says detail examples of tax avoidance, has declined to cooperate with U.S. authorities.
The rule would require banks to identify if any of the beneficial owners of their new customers are companies, Treasury head Jack Lew said.
Under the deal announced Thursday, tax authorities in the U.K., Spain, Italy, France and Germany will share data on owners of offshore companies.
José Manuel Soria resigned Friday after being linked to an offshore account in the Bahamas.
Will a recent Cabinet reshuffle — as the military is still battling for territory taken by ISIS — improve the chaotic nature of the country’s contested oil and gas sectors?
Panamanian officials seized various digital files in a recent 27-hour raid at Mossack Fonseca’s offices.
If the proposal — to be unveiled Tuesday by the European Union — is approved, it will force companies to provide a country-by-country breakdown of profits and taxes.
The Panamanian law firm called itself a victim of a campaign against privacy after the leak of over 11.5 million documents exposed several offshore accounts of notable individuals and companies.
In some small countries, the profits reported by American corporations are larger than the entire gross domestic product.
Prime Minister David Cameron defended his tax returns and fielded questions from Labour leader Jeremy Corbyn on Monday.