#financial services

The "Pandora Papers" involved a leak of some 11.9 million documents from financial services firms, which were obtained by the International Consortium of Investigative Journalists (ICIJ). Photo: Loic Venance / AFP
The "Pandora Papers" involved a leak of ... […]

Offshore companies at the heart of ‘Pandora Papers’

Offshore companies are a lynchpin in the system used by leaders and the ultra-rich to hide assets that was exposed in the leaked documents dubbed the "Pandora Papers". So what are they?
Rockit CEO Sarune Smalakyte pictured during an interview with AFP at the Rockit office hub for fintech founders in Vilnius on February 12, 2021. Photo: Petras Malukas / AFP
Rockit CEO Sarune Smalakyte pictured dur... […]

UK fintechs seek ‘cure for Brexit’ in Lithuania

Due in part to Brexit, Lithuania is becoming a fintech hub as a growing number of UK-linked digital financial companies get licences there so they can continue to operate in the EU
From January 1, 2021, following the end of the transition period, UK banks will be deprived of their "passporting" rights that have allowed them to offer services across the European Union. Photo: Tolga Akmen / AFP
From January 1, 2021, following the end ... […]

UK expats count Brexit impact as banks shut accounts

For Roger Morton and his wife living in France -- and many other UK expats across the European Union -- Brexit is causing the closure of their British banking services