📈 69% of S&P 500 stocks beating the index - a historic record! Pick the best ones with AI.See top stocks

Amid Panama leaks, W.House says U.S. values financial transparency

Published 05/04/2016, 03:33 am
Updated 05/04/2016, 03:40 am
© Reuters.  Amid Panama leaks, W.House says U.S. values financial transparency

WASHINGTON, April 4 (Reuters) - The United States values greater transparency in international financial transactions, the White House said on Monday following the leak of the "Panama papers" revealing offshore financial arrangements of global politicians and public figures.

White House spokesman Josh Earnest said while he had no specific comment on the leaked papers from the Panamanian law firm, "greater transparency allows us to root out corruption," adding that the U.S. Justice and Treasury Departments will continue to be focused on financial corruption.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.