Global fallout from the Panama Papers

Argentina: Federal prosecutor opens investigation into President Mauricio Macri’s financial dealings in offshore firm Fleg Trading between 1998-2009

Panama: President Juan Carlos Varela pledges to improve transparency in country’s offshore financial industry

United States: Internal Revenue Service examining some 200 people with U.S. passports named in Panama Papers

Austria: Financial regulator investigating whether two banks
breached rules on money laundering

France: Preliminary investigation into money laundering and tax fraud launched

Germany: Mossack Fonseca under investigation since 2015 – at least 28 German banks used Panamanian law firm’s services

Italy: Tax authorities awaiting formal decision to open probe into 800 Italians named in Panama Papers

Portugal: Probe into tax concealment by more than 240 Portuguese named in leaks

Spain: Tax agency examining returns of citizens named as having
offshore accounts. Spaniards have over €1 billion invested in Panama

UK: Task force to scrutinize allegations of tax-dodging and
money laundering. Prime Minister David Cameron publishes personal tax returns. Britain’s banks have until April 15 to reveal any ties with Mossack Fonseca

Sweden: Four major banks – Nordea, Swedbank, Handelsbanken and SEB – named in leaks

Switzerland: Prosecutors say papers contain new evidence of
corruption at FIFA

Pakistan: Prime Minister Nawaz Sharif says allegations
against his family will be investigated by judicial commission led by former supreme court judge

Australia: Tax office investigating 800 individuals named in leaks

New Zealand: Independent review of tax laws to report by June
following evidence country is being used as tax shelter. Thousands of references to New Zealand in leaked papers

Sources: Panama Papers, news agencies 

Pictures: Associated Press, Newscom