The TJN blog just pointed out this video, titled "Don't bank on the Isle of Man." Building on the previous "Don't Bank on the Isle of Man" videos, it's turning out to be quite a series. Of course, it also has a serious point - that banking in offshore, low-regulation, secrecy jurisdictions carries very serious risks.
The Tax Justice Network is expanding onto social networking platforms - recently establishing a presence on both Facebook and Twitter.
Become a fan of their Facebook page here, or follow them on Twitter @TaxJusticeNet.
AFP is reporting that all French banks have committed to closing all of their subsidiaries located in jurisdictions on the OECD grey-list. From AFP:
PARIS — All French banks will begin taking steps in March to close their branches and subsidiaries in countries deemed to be tax havens by the OECD, the deputy head of the French banking federation said on Thursday.
"French banks have taken the decision to commit to the closure of their subsidiaries and branches that are on the OECD grey list in March 2010," he said after...
