Progress Report of the Independent Review of British Offshore Financial Centres
Michael Foot is conducting an independent review of the long-term opportunities and challenges facing the British Crown Dependencies and Overseas Territories as financial centres.
Article posted on 05 Feb 2012
Summary: The Review expects to deliver its final report in the fourth quarter of 2009. The Review is working to identify opportunities and current and future risks (and mitigation strategies) to their long-term financial services sector, including: financial supervision and transparency; taxation, in relation to financial stability, sustainability and future competitiveness; financial crisis management and resolution arrangements & international cooperation. This interim report does not deliver any suprises but has some useful statistics and information for the curious.
Topics: Crown Dependencies Offshore
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