Do you transact with overseas clients and foreign entities in your practice? How much due diligence have you conducted on such clients and entities?

Read this article to find out how you can better manage risk in international commercial transactions in a post-Panama Papers world.

Keywords

cross-border; Panama Papers; Paradise Papers; due diligence; illegal conduct; international commercial structures; IBA-OECD; Report of the task Force on the Role of Lawyers and International Commercial Structures; privilege; confidentiality; Statement of Principles; Mossack Fonseca & Co; obtaining evidence illegally; beneficial ownership information; advertising on international commercial structures; The Law Society of Singapore v Leong Pek Gan; Evidence Act; AML Rules;