Mossack Fonseca

The Minister for Land Information has ordered a review of an overseas investment application involving the law firm at the centre of the Panama Papers.

John Shewan says allegations against him are a "complete red herring", while Labour continues to try and discredit him.

John Shewan, who has been appointed to review NZ's foreign trust rules, has rejected Labour's accusation he advised the Bahamas on its tax haven status. Audio

The Prime Minister says the fact he has a deposit with a law firm specialising in foreign trusts is not embarrassing in the least.

ANALYSIS: The Panama Papers has thrown the spotlight on New Zealand's little known but flourishing role as a "home" to trusts for foreign residents, writes Gyles Beckford.

Prime Minister John Key has a short-term deposit with a firm specialising in foreign trusts, according to a new register on MP's finances. Video

Labour leader Andrew Little is calling on Prime Minister John Key to release his personal tax records, in the aftermath of the Panama Papers release.

New Zealand's foreign trust review has a wide enough scope it could spark changes, says John Shewan, the tax specialist appointed to conduct it. Audio

Panama Papers: More senior British politicians have published details of their tax returns.

Panama Papers: Prime Minister John Key has set up a review of New Zealand's foreign trust disclosure rules ahead of OECD talks on the matter in Paris. Audio

New Zealand is being accused of dragging its heels in response to the Panama Papers as the rest of the world starts to crack down on tax dodgers and money launderers.

British Prime Minister David Cameron has published details of his income and tax for the past six years in response to pressure sparked by the Panama Papers.

New Zealanders will almost certainly be named in material still to come from the Panama Papers, a New Zealander involved with its publication says.

An assessment by a journalist involved in the Panama Papers leak that NZ is a tax haven is damaging for the country's reputation, say the Greens. Audio

UK Prime Minister David Cameron has admitted he and his wife owned shares in an offshore trust set up by his late father.

Panama Papers: Panama is creating an international panel to help improve transparency in its offshore financial industry.

If New Zealand followed the norm and taxed the overseas income of foreign trusts then that might result in the end of the industry, Inland Revenue says. Audio

Panama Papers: Mossack Fonseca has ruled out an inside job, saying the company was hacked, as it insists it will 'not be found guilty of anything'.