Offshore finance has transformed many small jurisdictions into high income economies and has facilitated the growth of global financial markets, deregulation and the convergence of economic policies worldwide. However, the volatility and fickle nature of global capital has also become apparent. This major new multi-disciplinary and international collection explores the development of offshore finance and is an extremely valuable resource for all those considering the issues involved in this important area.

Offshore finance has transformed many small jurisdictions into high income economies and has facilitated the growth of global financial markets, deregulation and the convergence of economic policies worldwide.

Offshore finance has transformed many small jurisdictions into high income economies and has facilitated the growth of global financial markets, deregulation and the convergence of economic policies worldwide. However, the volatility and fickle nature of global capital has also become apparent. This major new multi-disciplinary and international collection explores the development of offshore finance and is an extremely valuable resource for all those considering the issues involved in this important area.

One path towards development taken by a number of small jurisdictions is the establishment of an offshore financial centre. This text analyses the actual economic contribution for several small Caribbean economies and the impact to continued operation arising from an international initiative for the exchange of taxpayer information.

The book contributes to wider debates involving globalization, development and international finance with its analysis of the under-researched topic of offshore finance."--BOOK JACKET.

A Passion for Offshore Wealth & Success Offshore Financial Group: a leading global financial services provider specializing in a comprehensive suite of offshore financial solutions. With a rich heritage spanning over 10 years, our group has established itself as a trusted partner for individuals and businesses seeking to optimize their financial assets and investments. Our Services:·Asset Management;·Wealth Structuring;·Tax Advisory;·Estate Planning. We are committed to delivering bespoke solutions that are both compliant with global regulations and aligned with your financial objectives. Mr. Jiang Jing (Sean) is seasoned investment banker & fund manager (U.S., China, HK), and experienced lawyer (U.S. & China) with 20+ years’ experience in U.S., HK, China, and global capital markets. He serves as the Chairman of US International Finance Foundation & China Hedge Funds Association. He is also the founder of IPO DreamWorks, the Manager Director of Xinde Financial Group, the founding partner and CEO of United Securities Legal Group, and the dean of Sunde Financial College. He has managed 1.5 billion+ investment funds, participated in, coordinated, and/or orchestrated many high-profile capital markets deals. Tel: +1 917 985 7989 (U.S.); Tel/WhatsApp/WeChat: +852 5162 6310 (HK) +86 139 1030 7135 (China) [email protected]

This book considers the ability of island jurisdictions with financial centres to meet the expectations of the international community in addressing the threats posed to themselves and others by their innocent (or otherwise) facilitation of the receipt of suspect wealth. In the global financial architecture, British Overseas Territories are of material significance. Through their inalienable right to self-determination, many developed offshore financial centres to achieve sustainable economic development. Focusing on Bermuda, Turks and Caicos, and Anguilla, the book concerns suspect wealth emanating from financial crimes including corruption, money laundering and tax evasion, as well as controversial conduct like tax avoidance. This work considers the viability of international standards on suspect wealth in the context of the territories, how willing or able they are to comply with them, and how their financial centres can better prevent receipt of suspect wealth. While universalism is desirable in the modern approach to tackling suspect wealth, a one-size-fits-all approach is inappropriate for these jurisdictions. On critically evaluating their legislative and regulatory regimes, the book advances that they demonstrate willingness to comply with international standards. However, their abilities and levels of compliance vary. In acknowledging the facilitatively harmful role the territories can play, this work draws upon evidence of implication in transnational financial crime cases. Notwithstanding this, the book questions whether the degree of criticism that these offshore jurisdictions have encountered is warranted in light of apparent willingness to engage in the enactment and administration of internationally accepted laws and cooperate with international institutions.