Jersey authorities see regulation as a potential advantage

Sunshine islands


Regulation is at the core of the offshore world's claim to provide a legitimate service to the global economy, at a time when many onshore countries are seeking to bolster their declining budgets by curbing the amount slipping out of their jurisdictions into low- or zero-tax centres. These low-tax countries - they baulk at the term ‘offshore', preferring to be called ‘international financial centres' - try to build reputations for financial probity by complying with the highest standards of

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