The term ‘secrecy jurisdiction’ might, for many, conjure up the image of a fortified bank vault deep underground in a Swiss city, or a tropical island teeming with wealthy individuals and located far away from troublesome laws and regulations. And indeed, the world’s greatest enabler of global financial secrecy is currently the sunny Cayman Islands, Read more >
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CORRUPTION NEWS
In our new mini-series we’ll delve into the issue of financial secrecy – what it is, who enables it, how does it affect economies, which are the big culprits, and what role does corruption play? The series is based on two reports released by the Tax Justice Network (TJN) – the biennial Financial Secrecy Index, Read more >
CORRUPTION NEWS
The 2018 Financial Secrecy Index (FSI), an initiative of the Tax Justice Network (TJN), was launched recently. The FSI ranks jurisdictions according to their secrecy and the scale of their offshore financial activities. It shies away from being political, positioning itself instead as a tool for understanding global financial secrecy, tax havens or secrecy jurisdictions, Read more >