VOICED : Panama defiende su sistema financiero

The government of Panama launched a defense of its financial services following criticism from the Panama Papers leak. Vice Chancellor Luis Miguel Incapié suggested potential reforms to prevent misuse of Panama's financial platform. The leak exposed how a Panamanian law firm helped create offshore companies for tax evasion. The OECD criticized Panama for being a haven for hidden offshore wealth and for not cooperating on financial transparency. Panama refuted these claims, asserting compliance with requested measures and pointing out that its laws are similar to those in Europe and the U.S.

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