>"UN report claims up to 10% of the world’s wealth could be hidden offshore"

The report calls for an international minimum corporate tax rate, more progress towards taxing digital companies and measures to improve the transparency of company ownership and public spending.

"It said up to 10% of the world’s wealth could be hidden offshore at a time when governments were under growing financial strain because of the Covid pandemic, and as inequality soars. The panel of world leaders, central bank governors and business and civil society representatives said criminals were laundering assets worth as much as 2.7% of global GDP each year."