Paradise lost: what will the latest leaks mean for the offshore legal market?

Will the Paradise Papers leaks spark a regulatory crackdown for offshore law firms?

Iceland’s Prime Minister was pushed out of office. Public companies lost $135bn in market value. A Maltese journalist was murdered. And the founders of Panamanian law firm Mossack Fonseca were indicted in Panama on money laundering charges.

In a redux of the so-called Panama Papers leak from early 2016, secrets spilled from offshore bank accounts are once again causing worldwide reverberations.

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