Aug 18, 2020

‘Prove where you got your wealth,’ India tells alleged tax dodger

A landmark ruling against the beneficiary of an undeclared Swiss bank account could be a breakthrough moment for authorities hunting hidden wealth.

Apr 06, 2020

What is a tax haven? Offshore finance, explained

Four years after Panama Papers, why ICIJ continues to report on tax havens, and those who exploit them.

Dec 11, 2019

HSBC To Pay $192m Penalty For Helping Americans Evade Taxes

Switzerland’s HSBC Private Bank admitted to encouraging wealthy Americans to hide $1.26 billion in assets from U.S. tax authorities.

Aug 07, 2019

Ex-HSBC Swiss Banker Pleads Guilty in $1.8 Billion French Tax Case

The former head of the bank's private Swiss unit has been fined for his part in helping wealthy clients hide $1.8 billion from French authorities.

Aug 07, 2018

How investigative journalism exposed the Swiss tax ‘rip off’

ICIJ member Oliver Zihlmann is part of a team of investigative reporters working to bring change to one of the most important tax havens in the world.

Jun 11, 2018

Swiss authorities propose major money-laundering law reforms

Switzerland’s federal government appears poised to crack down on money laundering in the wake of Panama Papers.

Jan 30, 2018

US, Switzerland singled out by new financial secrecy index

Switzerland has delayed and the U.S. has refused to take part in reforms aimed at curbing financial secrecy, according to the Tax Justice Network's new Financial Secrecy Index.

Nov 15, 2017

HSBC to pay $352m to settle tax evasion charges in France

HSBC has agreed to pay $352 million to settle charges that it helped wealthy clients of its private Swiss bank evade taxes in France.

Jan 31, 2016

Report on HSBC’s rocky road to reform in US to be made public

A judge has ruled that a report on HSBC's attempts to fix compliance issues should be public, despite resistance from both the bank and the government.

Dec 29, 2015

Seven times tax evasion made headlines in 2015

From tax cheats to heated policy debates, 2015 has been a year of tax scandals, reforms and international agreements.

Nov 03, 2015

Falciani absent as Swiss begin criminal trial over HSBC data

Prosecutors opened the criminal trial of a former HSBC IT worker accused of theft, but the defendant refused to leave France to face charges.

Jul 21, 2015

‘We didn’t get everything right’: Lord Green concedes on HSBC

A former head of the embattled bank and current member of Britain’s House of Lords has conceded compliance failures at the bank’s Swiss branch.

Jun 04, 2015

HSBC pays Swiss authorities record-breaking fine

Four months after a historic police raid, Geneva's prosecutor dropped a criminal probe into HSBC, but left the bank with a warning.

Jun 03, 2015

Belgium to reclaim €540m taxes from HSBC accounts

Belgian authorities have reportedly investigated about 1000 client accounts from HSBC’s Swiss branch.

Apr 14, 2015

Ricci heiress convicted for tax evasion using HSBC

The heiress to a major fashion empire has been sentenced to prison for tax evasion in the first of 50 cases expected in France.

Apr 10, 2015

French set €1b bail as HSBC probe goes beyond Swiss branch

Prosecutors are expanding a criminal investigation to include the bank's global operations, as tax policy becomes a UK election issue.

Apr 02, 2015

More regulatory issues ‘likely,’ HSBC exec reportedly admits

Banking giant HSBC continues to face questions about its ability to block transactions that facilitate law breaking.

Mar 20, 2015

Criminal trial requested as HSBC faces growing pressure

A former HSBC boss and current UK politician has denied “being asleep” at the wheel of the bank, as authorities continue building cases against HSBC.

Mar 10, 2015

BBC Trust chair asked to resign amid HSBC revelations

HSBC's leaders faced another session of intense questioning in the UK as the fallout over Swiss Leaks continues.

Feb 26, 2015

‘Swiss managers most accountable’ for issues: HSBC

HSBC’s chief and chairman have conceded the Swiss Leaks scandal has caused “horrible reputational damage” during a UK hearing on the issue.

Feb 24, 2015

New penalties for bankers aiding tax evasion in UK

Britain mulls new laws against tax evasion, as HSBC chief's own private Swiss bank account is revealed.

Feb 20, 2015

HSBC US committee takes month off political donations

In the month prior to Swiss Leaks, the bank's typically active U.S. political committee made no contributions.

Feb 18, 2015

HSBC’s Geneva office raided as Swiss open investigation

Swiss prosecutor opens an investigation into allegations of “aggravated money-laundering” following ICIJ's Swiss Leaks revelations.

Feb 17, 2015

HSBC apologizes as more government probes begin

The global banking giant HSBC has issued a formal apology via full-page newspaper ads in the UK, but faces more investigations.

Feb 13, 2015

Politicians, regulators face questions over HSBC cases

The bank will face committee investigations in the UK, and politicians in the US are weighing Loretta Lynch's attorney general nomination.

Swiss banking