August 14th, 2009
The UK government imposed direct rule on Turks and Caicos, its former Caribbean colony, today amidst rampant corruption charges against the local government. From the
AP:
The British government said it had suspended the government and legislature and put the London-appointed governor in direct charge of the islands about 500 miles (800 kilometers) southeast of Florida.
...
British Foreign Office Minister Chris Bryant said the suspension could last up to two years while governor Gordon Wetherell "put the Islands' affairs back in good order." He said elections for...
August 14th, 2009
LONDON — Britain on Friday imposed direct rule on its former colony of Turks and Caicos following corruption claims against the territory's authorities.
Continue Reading
August 14th, 2009
Liechtenstein, once one of the world's most secretive tax havens, is going further than almost any other centre in cleaning up its act. The deal is a dramatic example of a jurisdiction giving up banking secrecy in return for recognition as a legitimate financial centre. It is helping flush out tax evaders by making its banks close non- compliant accounts by 2015.
Continue Reading
August 11th, 2009
Reuters - Liechtenstein and Britain said on Tuesday they had signed an agreement to encourage British clients of banks in the Alpine principality to voluntarily disclose untaxed money. Here are some details about European countries who have been maintaining strict laws protecting banking privacy.
Continue Reading
