September 24th, 2009
Bloomberg notes:
UK Chancellor of the Exchequer Alistair Darling called for the Group of 20 to draw up a “blacklist” of countries whose regulatory systems pose a risk to the world’s financial system.
The finance minister said Britain wants to extend the G- 20’s effort to set standards on taxation and bank rules to cover countries that have a poor record overseeing institutions and allow wealthy individuals to hide cash.
“Just as we have been tackling tax havens, we also need to go after those countries that offer...
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September 17th, 2009
The Guardian--Jersey's compliance with international financial regulation and supervision rules is rated ahead of the UK, according to a detailed study by the International Monetary Fund (IMF).
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August 19th, 2009
Sarah Lewis, the executive director at the Tax Justice Network, discusses what the UBS settlement will mean for offshore banking on Reuters.
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August 17th, 2009
The Prince of Liechtenstein, Hans-Adam II, has
enraged German Jews (and rightfully so) by reiterating the misnomer that banking secrecy was created to protect the Jews from the Nazis during the Holocaust. However that's only half of his problem; unlike most other disseminators of this untruth, he then pointed his finger back at Germany (who is currently pursuing tax-evaders into Liechtenstein) and outrageously suggested that they should consider their own past. From the
AP:
The prince took aim particularly at Germany, which has been pressuring Liechtenstein to clamp down on confidential banking...
