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Offshore Finance (Paperback)
Loot Price: R1,415
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Offshore Finance (Paperback)
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This book was first published in 2006. It is estimated that up to
sixty percent of the world's money may be located offshore, where
half of all financial transactions are said to take place; however,
there is a perception that secrecy about offshore is encouraged to
obfuscate tax evasion and money laundering. McCann provides a
detailed analysis of the global offshore environment, outlining the
extent of the information available and how that information might
be used in assessing the quality of individual jurisdictions, as
well as examining whether some of the perceptions about 'offshore'
are valid. He analyses the ongoing work of the Financial Stability
Forum, the Financial Action Task Force, the International Monetary
Fund, the World Bank, and the Organisation for Economic Cooperation
and Development. The book also offers some suggestions as to what
the future might hold for offshore finance.
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