Leaders of the G8 major economies have agreed new measures to clamp down on money launderers, illegal tax evaders and corporate tax avoiders. . .
Singapore’s monetary authority censured banks for trying to rig benchmark interest rates and ordered them to set aside as much as $9.6bn at zero interest pending steps to improve internal controls. . .
http://hereisthecity.com/2013/06/15/20-banks-censured-on-traders-bids-to-manipulate-rates/
The OECD has presented to G8 leaders the steps needed to create a fairer and more transparent global tax system . . .
The prime minister has hailed an agreement by the UK’s Overseas Territories and Crown dependencies to sign up to a tax evasion clampdown. . .