The Bahamas Leaks are breaking - where to begin

Following the Panama Papers leaks, 1.3 million documents from the commercial register in the Bahamas have been obtained by Suddeutsche Zeitung, the same newspaper which received the Panama Papers from Mossack Fonseca: the Panamanian firm have also created 15,915 entities in the Bahamas. Whilst smaller in scope, the leak still includes information on around 175,888 companies and 25,228 Officers named in the papers (the Panama Papers included 238,402). The data represents around 38 gigabytes - smaller than the Offshore Leaks too, but still sizeable compared to Luxembourg and Swiss Leaks. 

Posted Friday September 23, 2016

Behind the Paywall: SSM & 1MDB of Malaysia

After enjoying a reputation for several years as an open, middle income economy, Malaysia has been the subject of numerous scandals related to the divestment of public funds into shell companies.

Posted Monday September 12, 2016

UK ultimate beneficial ownership data is now available with Arachnys

Our developers have successfully integrated the new beneficial ownership data in the Companies House API from the Developer hub into Arachnys. Whilst this required additional efforts to attain full-integration, the approach paid off as the data is updated live and in real-time.

Posted Tuesday July 26, 2016

Behind the paywall: Thailand's Business Data Warehouse

 Image credit: Joan Campderrós-i-Canas, CC-BY-2.0, via Flickr.

Fighting corruption was one of the grounds put forward by the military junta when, in May 2014, they seized power in Thailand, indicting the former prime minister Yingluck Shinawatra over a rice subsidies scheme, allegedly used to buy votes. In October last year, the junta duly found itself in the midst of corruption allegations over procurement of equipment for Government House. In the latest instalment of our Behind the Paywall blog series, we take a look at how to run corporate registration checks in order to conduct due diligence in this complex environment.

Posted Thursday May 21, 2015

Behind the paywall: São Paulo Board of Trade

 Image credit: Júlio Boaro, CC-BY-2.0, via Wikimedia Commons

São Paulo is the name of both Brazil’s most populous state, with 645 municipalities and an estimated 41.9 million inhabitants, and the country’s fastest growing city with approximately 11 million inhabitants. The metropolis of São Paulo is considered the financial capital of Brazil and is home to most of the country’s largest financial firms. In 2013, São Paulo ranked 6th in Forbes’ List of the Top 10 Billionaire cities.

Posted Friday March 27, 2015

Behind the paywall: Morocco's DirectInfo portal

 Image credit: Magnus Manske, CC-By-SA, via Wikimedia Commons_(6).jpg) 

This is not to hold Morocco up as a model nation: perceived failures to address corruption were a driving force behind street protests in 2011 and 2012 and a high profile leak that allegedly showed corrupt authorisation of salary bonuses for ministers led to prosecution of the whistleblowers rather than the politicians.

Posted Tuesday January 13, 2015

Behind the paywall: Hong Kong's company registry

Photo CC Flickr User sonotoki

Hong Kong has been prominent in the news in recent weeks, with the pro-democracy protests sadly turning violent over the weekend amid accusations from the Chief Executive, Chun-ying Leung, that unnamed ‘external forces’ were involved. This week, we also visit Hong Kong as part of our Behind the Paywall blog series, to examine recent changes to company law and the practical implications for investigators. As a Special Administrative Region of the People’s Republic of China (along with Macau) under the One China, Two Systems principle, Hong Kong’s Companies Registry is independent of the network of Chinese Administrations for Industry and Commerce (AICs) that handle registration on the mainland.

Posted Tuesday October 21, 2014

The Bahamas Leaks are breaking - where to begin

Following the Panama Papers leaks, 1.3 million documents from the commercial register in the Bahamas have been obtained by Suddeutsche Zeitung, the same newspaper which received the Panama Papers from Mossack Fonseca: the Panamanian firm have also created 15,915 entities in the Bahamas. Whilst smaller in scope, the leak still includes information on around 175,888 companies and 25,228 Officers named in the papers (the Panama Papers included 238,402). The data represents around 38 gigabytes - smaller than the Offshore Leaks too, but still sizeable compared to Luxembourg and Swiss Leaks. 

Posted Friday September 23, 2016

Behind the Paywall: SSM & 1MDB of Malaysia

After enjoying a reputation for several years as an open, middle income economy, Malaysia has been the subject of numerous scandals related to the divestment of public funds into shell companies.

Posted Monday September 12, 2016

UK ultimate beneficial ownership data is now available with Arachnys

Our developers have successfully integrated the new beneficial ownership data in the Companies House API from the Developer hub into Arachnys. Whilst this required additional efforts to attain full-integration, the approach paid off as the data is updated live and in real-time.

Posted Tuesday July 26, 2016

Behind the paywall: Thailand's Business Data Warehouse

 Image credit: Joan Campderrós-i-Canas, CC-BY-2.0, via Flickr.

Fighting corruption was one of the grounds put forward by the military junta when, in May 2014, they seized power in Thailand, indicting the former prime minister Yingluck Shinawatra over a rice subsidies scheme, allegedly used to buy votes. In October last year, the junta duly found itself in the midst of corruption allegations over procurement of equipment for Government House. In the latest instalment of our Behind the Paywall blog series, we take a look at how to run corporate registration checks in order to conduct due diligence in this complex environment.

Posted Thursday May 21, 2015

Behind the paywall: São Paulo Board of Trade

 Image credit: Júlio Boaro, CC-BY-2.0, via Wikimedia Commons

São Paulo is the name of both Brazil’s most populous state, with 645 municipalities and an estimated 41.9 million inhabitants, and the country’s fastest growing city with approximately 11 million inhabitants. The metropolis of São Paulo is considered the financial capital of Brazil and is home to most of the country’s largest financial firms. In 2013, São Paulo ranked 6th in Forbes’ List of the Top 10 Billionaire cities.

Posted Friday March 27, 2015

Behind the paywall: Morocco's DirectInfo portal

 Image credit: Magnus Manske, CC-By-SA, via Wikimedia Commons_(6).jpg) 

This is not to hold Morocco up as a model nation: perceived failures to address corruption were a driving force behind street protests in 2011 and 2012 and a high profile leak that allegedly showed corrupt authorisation of salary bonuses for ministers led to prosecution of the whistleblowers rather than the politicians.

Posted Tuesday January 13, 2015

Behind the paywall: Hong Kong's company registry

Photo CC Flickr User sonotoki

Hong Kong has been prominent in the news in recent weeks, with the pro-democracy protests sadly turning violent over the weekend amid accusations from the Chief Executive, Chun-ying Leung, that unnamed ‘external forces’ were involved. This week, we also visit Hong Kong as part of our Behind the Paywall blog series, to examine recent changes to company law and the practical implications for investigators. As a Special Administrative Region of the People’s Republic of China (along with Macau) under the One China, Two Systems principle, Hong Kong’s Companies Registry is independent of the network of Chinese Administrations for Industry and Commerce (AICs) that handle registration on the mainland.

Posted Tuesday October 21, 2014