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Open Cayman: Reputation, rhetoric and reality
April 12th, 2017
Last week I took up the kind invitation of the government of Cayman to speak at their conference on ‘Tax Transparency in the Global Financial Services Ecosystem’, and to meet with staff from the monetary authority, statistics office and corporate registry; and with a range of industry representatives including those from the compliance association and
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Switzerland’s Two Faces of Secrecy
July 11th, 2014
For about five years now, nations around the world have called on Switzerland to change its secret ways. Over these years Switzerland’s banks, which hold nearly one-third of the estimated $7 trillion in global wealth kept offshore, have borne much of the brunt of the U.S. Department of Justice’s campaign against banks facilitating tax evasion by American citizens. Other nations, such as India, have also followed suit. And although Switzerland has attempted to cultivate an image of international cooperation – the reality of Swiss banking secrecy has been more of the same. For the purposes of outward appearances,...
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Is global governance of finance fit for purpose?
March 28th, 2014
x This post originally appeared on the blog of FTC member, Tax Justice Network. Last year, our colleagues at New Rules for Global Finance published a ground-breaking report on the governance and accountability of the leading financial rule-setting institutions, including those covering international tax cooperation, such as the G20, the OECD, the UN Tax Committee, and the IMF.  Their report is available here.
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RT @michaelpmdavis: #18IACC: @cynthia_gabriel Lesson from #1MDB case is how corrupt transactions cross boundaries through money flows that…
- Tuesday Oct 23 - 3:54pm

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