Code: 02022974

Offshore Finance

Name: Offshore Finance
Brand: Cambridge University Press
SKU: 02022974
Price: 67.73 EUR
Availability: InStock
Author: Hilton McCann
ISBN: 9780521123594

by Hilton McCann

Language: English
Binding: Paperback
Number of pages: 564
Publisher: Cambridge University Press, 2009
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Book synopsis

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.