Panama Papers

Transparency International New Zealand is monitoring the revelations and reactions to the Panama Papers in New Zealand. Our mission is to ensure New Zealand is not facilitating international corruption.

Panama Papers related media releases

Shewan Inquiry Submission Media Release

TINZ has provided its submission to the Shewan Inquiry calling on the government to widen the terms of reference to protect New Zealand's reputation and future proof our laws following the release of the "Panama papers". Read the full media release 21 May, 2016

Timeliness of Panama Papers inquiry need not limit scope

The limited scope of the Government inquiry into foreign trust disclosure rules fails to address fundamental issues brought to light by the Panama Papers. Transparency International New Zealand (TINZ) is extremely surprised and disappointed at the limited scope of the Shewan Inquiry. Read the full media release 5 May, 2016

Panama Papers Media Release

"Tax Haven" structures risk damage to New Zealanders Read the full media release 6 Apr, 2016

Panama Papers related articles

Thought Leadership: Building New Zealand's Strong Anti-Money Laundering Culture

The implementation of effective anti-money laundering and countering financing of terrorism (AML/CFT) controls are part of the requirements of the new organisations crime and anti-corruption legislation — 15 Acts that passed into law last November. Even once they are formally implemented, they can be undermined by a poor culture of compliance... {read more}

TINZ submission to the Shewan inquiry into foreign trust disclosure rules

Transparency International New Zealand has made its submission to the Shewan Inquiry on 20 May, calling on the government to widen the Inquiry's terms of reference to future proof our laws following the release of the Panama Papers. It is important that we take steps now to ensure New Zealand is not supporting money laundering, tax fraud, reputation cleansing and hiding of illicit assets. {read more}

Lessons learned from the Panama Papers

We're all bemused by the recent media excitement over the John Doe leaks of the Panama Papers. But amongst this excitement, the leaks have highlighted the need in New Zealand for more transparency and strengthening of existing legislation covering foreign trusts. Rightly or wrongly, New Zealand has received less than desirable global media coverage for our role in many cases. The Panama Papers have caused a stir globally by identifying huge numbers of offshore legal/financial structures or 'vehicles' located in countries other than the residences of their beneficial owners. {read more}

Unregistered shell companies have no place in New Zealand

The Panama Papers created a clarion call drawing attention to the specific actions New Zealand needs to take in order to prevent corruption in monetary transactions and asset exchanges. The ease of setting up companies and trusts in New Zealand has earned us an international reputation as a safe haven for criminals and deposed governments to launder money and to store illegally acquired assets. {read more}


Recent Activity

Public Sector Integrity Media Release
State Services Commission took a very positive step in addressing a key recommendation of TINZ's Integrity Plus 2013 New Zealand National Integrity System Assessment by advertising a role for Deputy Commissioner, Integrity, Ethics and Standards. 11 May, 2017

Defence Inquiry Media Release
Transparency needed to support the integrity of our Defence Force 2 Apr, 2017

Corruption Perceptions Index 2016 TINZ media release
Transparency International 25 Jan, 2017

TINZ OGP Submission
Transparency International New Zealand (TINZ) submitted recommendations for New Zealand’s second Open Government Partnership (OGP) National Action Plan (NAP). Among the recommendations were a call for more ambition in creating NAPs and developing channels of communication for improving engagement with citizens. 19 Aug, 2016