Offshore secrets of ultra-rich exposed in 'Paradise Papers'

From 19 tax havens

clock • 2 min read

Multi-national businesses and high-net-worth individuals, including politicians and celebrities, are set for an uncomfortable week as another huge leak of confidential files relating to offshore financial affairs hits the news.

Second only in size to last year's so-called Panama Papers leak, what have been dubbed the 'Paradise Papers' - which come from two offshore service providers and the company registries of 19 of the world's tax havens - was again obtained by German newspaper Süddeutsche Zeitung. It has been shared by the International Consortium of Investigative Journalists, whose partners include the BBC and the Guardian. According to the Guardian: "The details come from a leak of 13.4m files that expose the global environments in which tax abuses can thrive - and the complex and seemingly artificial ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

7IM's Ben Kumar: When behavioural biases are not all they seem

7IM's Ben Kumar: When behavioural biases are not all they seem

Investment identity more important

Ben Kumar
clock 02 July 2025 • 3 min read
Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

Focus on quality

Charlotte Ryland and Joe Hawkes
clock 26 June 2025 • 4 min read
Trustpilot