US response to Pandora Papers leaves Australia exposed

Neil Chenoweth and Liam Walsh

Updated Oct 8, 2021 – 4.48pm, first published at 4.03pm

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Already a subscriber?

A bipartisan bill tabled in the US Congress after the release of the Pandora Papers threatens to isolate Australia as one of the last holdouts refusing to implement anti-money laundering rules that cover lawyers, accountants and real estate agents.

Monday’s publication of the Pandora Papers, a massive leak of offshore secrets which exposes the undisclosed holdings of more than 330 politicians and 35 current and former heads of state, has sparked calls around the world for reforms to financial reporting and secrecy laws.

Neil Chenoweth is an investigative reporter for The Australian Financial Review. He is based in Sydney and has won multiple Walkley Awards.

Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane.