UK Banks Handed Panama Papers Deadline

The Financial Conduct Authority (FCA) has sent a letter to banks and financial institutions in the UK ordering them to check whether they have done business with the law firm Mossack Fonseca, which is at the centre of the Panama Papers scandal. The leak of financial papers and emails, which were obtained by the German daily newspaper Suddeutsche Zeitung and passed on to the International Consortium of Investigative Journalists, was the biggest in history with more than 11.5 million individual fi