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Eugene

(61,914 posts)
Sat May 28, 2016, 06:08 AM May 2016

Panama Papers: Mossack Fonseca to close offices in Jersey, Gibraltar and Isle of Man

Source: Agence France-Presse

Mossack Fonseca to close offices in Jersey, Gibraltar and Isle of Man

Agence France-Presse
Saturday 28 May 2016 04.30 BST

The law firm at the heart of the Panama Papers revelations has decided to close its offices in the British-dependent territories of Jersey, Isle of Man and Gibraltar.

Mossack Fonseca “will be ceasing operations” in those territories, “but we will continue serving all of our clients”, it said.

“This decision has been taken with great regret, as Mossack Fonseca has had a presence in these locations for more than 20 years,” the Panama-based law firm added.

The office closures were part of a strategy to “consolidate our service office network,” it said.

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Read more: http://www.theguardian.com/uk-news/2016/may/28/mossack-fonseca-to-close-offices-in-jersey-gibraltar-and-isle-of-man
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