Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.


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Sen. Carl Levin Letter: Closing 10 Offshore Tax Loopholes

October 05, 2012 - Letter about closing offshore ten tax loopholes from Senator Carl Levin to Senator Harry Reid, Senator Mitch McConnell, Senator Dick Durbin, Senator Jon Kyl, Senator Kent Conrad, Senator Saxby Chambliss, Senator Mark Warner, Senator Mike Crapo, Senator Tom Coburn, Senator Michael Bennet, Senator Mike Johanns, Senator John McCain, Senator Jeanne Shaheen, Senator Lindsey Graham, Senator Sheldon Whitehouse, Senator Kelly Ayotte, Honorable Timothy Geithner, Secretary of the Treasury; Gene Sperling, Director, National Economic Council, dated October 5, 2012.

Newt Utopia: A look at Offshore Financial Centers in the Pacific islands

December 31, 2001 - Niue (Last rock from the Sun); Nauru; Marshall Islands; Solomon Islands; Cook Islands; Vanuatu; Shift In Fortunes; FATF/OECD - How they are Viewed; and The Future.

OECD backs off publishing an offshore 'hit list'

April 30, 2000 - The much-vaunted publication of a tax haven 'hit list' by the Organisation for Economic Co-operation and Development has been put off for at least a year. The OECD had planned to name those territories deemed to engage in "harmful tax practices" in June of this year, after which the 29 OECD member countries would seek to punish those on the list by introducing "defensive measures".

Are OFCs Fairly or Overly Protective of Non-Executive/Independent Directors in their Legislation and Case Law?

September 11, 2011 - An independent offshore fund director and a professional liquidator, each 'represented' by an attorney, argue the pros and cons of whether Offshore Financial Centers protect independent directors too much at the expense of creditors.

Foreign Media Coverage of OFCs: Informed or Ignorant?

September 11, 2011 - Do Offshore Financial Centers get what they deserve from foreign journalists or do they suffer from cliches and stereotypes?

We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

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Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.