Information exchange and the offshore financial centres
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 June 2002
Abstract
This paper considers supranational initiatives ‐ particularly those emanating from the Organisation for Economic Co‐operation and Development, the Financial Action Task Force and the Financial Stability Forum ‐ proposing changes in the regulation of offshore financial centres. The implications of the withdrawal of US support for elements of the initiative are reviewed. The underlying rationales for change are considered, as are the probable and appropriate response for the stakeholders in the offshore centres, including governments, financial institutions and clients.
Keywords
Citation
Hay, R.J. (2002), "Information exchange and the offshore financial centres", Journal of Financial Regulation and Compliance, Vol. 10 No. 2, pp. 141-161. https://doi.org/10.1108/13581980210810193
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited