Results 161 to 170 of about 679 (211)

The exploitation of offshore financial centres

Journal of Money Laundering Control, 2013
PurposeThe paper aims to highlight the relationship between money laundering and banking confidentiality in offshore financial centres – particularly following the recent publicity and BBC expose surrounding the criminal use of offshore financial centres.
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Formality and Informality in Offshore Financial Centres

Social Identities, 2002
One of the central features of an offshore financial centre (OFC) is that it operates outside of the customary regulatory systems experienced within mainstream 'onshore' banking systems. OFCs are thus limited in terms of formal regulatory bodies and formal rules and regulations which are in place.
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Offshore Financial Centres

2014
This chapter assesses the role of the EU in the regulation of tax evasion and tax avoidance. This role has historically been constrained by institutional limits on EU policy in the area of direct taxation and a severe collective action problem extenuated by an EU membership which includes a number of ‘tax havens’. The chapter argues in consequence that
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Offshore Financial Centres: Explaining the Regulation

SSRN Electronic Journal, 2006
This paper claims that the regulation profile of the Offshore Financial Centres (OFCs) respect to the international standards defined to prevent potentially harmful phenomena - such as aggressive taxation, financial instability, money laundering and terrorism finance - depends on their specific structural features.
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How Far Offshore? Monaco as a Financial Centre

Competition & Change, 2003
Offshore financial centres (OFCs) are often characterised as the clearest expressions of global markets, as autonomous entities operating outside the regulatory controls of nation states. Research on the small but expanding OFC of Monaco, however, shows that relationships with major onshore states, namely France, can be quite close, and complex.
Matthew Donaghy, Michael Clarke
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Offshore Financial Centres

Abstract This chapter provides an update to national, international, and international policy standard setting efforts to reform the challenges that come from OFCs in corruption investigations and prosecutions, particularly secrecy jurisdictions. The chapter considers ongoing efforts to define OFCs. The chapter also provides an update to
Colin Nicholls, Alan Bacarese, James Maton, Rachel Scott, John Hatchard   +4 more
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The Role of Offshore Financial Centres in Globalization

Accounting Forum, 2003
Capitalism is inherently crisis-ridden, but shows little sign of exhausting itself. It continues to develop new ways of reinvigorating itself and generating economic returns for capital. Globalization is considered to be the most advanced phase of capitalism.
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Implementing International Financial Standards in the Offshore Financial Centres

Journal of Financial Crime, 2002
Offshore finance, the provision of financial services to non‐residents, includes the traditional bank activities of the borrowing and lending of money together with other services such as fund management, insurance, trust business, tax planning and international business corporations (IBCs).
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Offshore Financial Centres in the Caribbean: Prospects in a New Environment

The World Economy, 2005
This paper reviews the development of offshore financial activities in the English-speaking Caribbean islands and takes stock of the size of these sectors today, and analyses the future prospects. A number of Caribbean jurisdictions are market leaders in the offshore products they offer and have identified the growth of this sector as a development ...
Oral H. Williams, Esther C. Suss, Chandima Mendis   +2 more
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The offshore financial centres issue and Switzerland's position

Journal of Banking Regulation, 2001
The international environment in which financial markets are developing is subject to rapid change. Three years ago, the G7 provided the impetus for a comprehensive campaign against the regulatory loopholes in offshore financial centres. The purpose of this paper is to analyse in greater detail the challenges presented so far in ongoing discussions of ...
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