The Jersey Evening |Post ran an extensive article on the Financial Secrecy Index yesterday, but it is not available on line. Odd hat all praise for Jersey is, and all criticism is not. No wonder we say the place is opaque.

And what’s their excuse for coming 11th? That we used ‚Äòout of date data’.

Nonsense. We benchmarked everyone at 31.12.08. So the comparison was fair to all.

This is really very lame excuse making when the truth is Jersey has a very long way to go to create transparency.

  21 Responses to “Jersey offers excuses”

  1. How about a positive comment from you Richard as to the Isle of Man doing rather well at # 24 in the index, considering the likes of the City of London are near the top of the Index.

  2. Sorry Phil,

    I don’t think that will wash. The only reason the Isle of Man is further down the list is its smaller.

  3. Richard has a personal grudge against Jersey, it is obvious. This is why our Treasury Minister dismissed the TJN today in the Post. Said they “hate to hear the truth and hate to be proven wrong”. He has told everybody to now ignore them and he is right, IMF Report, OECD Report, Foot Report, White listing, STEP award, it just goes on. Richard and John don’t have a leg to stand on anymore and they will never admit to getting it all wrong because whoever funds them would pull the plug.

  4. Manx Vicar – have you actually looked at the index and the report/website before making your comment?

  5. Matt
    Are you here all week?

  6. Manx Vicar is right

    He has understood the index

    Richard

  7. Yes, IOM has a higher opacity score but a much smaller cash flow than London.

  8. Matt

    Funny that you think that

    The IoM think it is them I have a grudge against

    And Cayman think it’s them

    None are true

    But it does suggest all you guys have a chip on your shoulders

    Richard

  9. I’ll give the Guernsey Press one thing, and the strategy so far employed by the no-doubt expensive PR team they have now (since the Deputy Chief made a golliwog ‘joke’ at a press conference), although there is dismissal, there hasn’t so far been any outright reported hostility, more than the usual language, for this.
    Also the tone generally about 0-10 and Foot opinions have been brief but factually reported.

    There’s a decent reason for this IMO. There is a lot of air about an UDI, from the academics it’s quite a sensible revisiting of parchments, for the more ‘tabloid’ inclined, they’re using it as an anti EU rabblerouser. It’s known there are industry senior types reading here, local ones, not the multinats, and I do believe that modesty, if not quite so far as being humble, is a far greater diplomatic card to play.

    It may not be that it’s a mutually agreed stance, but for me being Guernsey, it does win positives. Interesting, no real Chief Minister input, Treasury is perfunctory, GuernseyFinance lobbyists quiet, only the talking Gsy Press ‘expert’ – an audit boss has provided some anti-heat.

  10. @Richard Murphy
    Richard

    Talk about talking/typing with forked tongue!!! Of course you have grudges; that appears to be all you have.

    Matt is right, the views of these major international organisations are far, far more important than those of you and John C: ‘period’ as our American friends say.

    Your grudges mean that you filter everything that you post so as to ensure that only negative (usually your own) comment appears. I realise that is what pressure groups of two people do, but you should at least be honest about it – the transparency word springs to mind.

    The Girrl

    • Girrl

      Of course you’re right, superficially

      TJN has less clout than the IMF, OECD, FATF or whatever

      have you noticed their budgets?

      Have you noticed their links to government?

      So what? You spend a lot of time here? Why? For one reason: that you’re really worried that we’re winning the debate, as we are

      As for comments – about 95% get up. I delete the most abusive and I delete when I get utterly bored by the same person saying the sam trie, unfoudned stuff again and again and again for not benefit to any user of this site

      You’re close to suffering that exercise of my editorial freedom

      Richard

  11. Jersey Girrl,

    Looks like I’ve been deleted for likening Richard to Long John Silver’s parrot squaking ‘pieces of eight (taxes)’ and for also likening him to the Sheriff of Nottingham.

    Boring or abusive? Or just not to Richard’s liking. Transparent or opaque censorship?

  12. Phil

    What a warped sense of self importance you have – like the Girrl

    Write a letter of unjustified abuse to any newspaper and see what chance you have of getting it published

    I am extraordinarily generous in letting you prattle on here when to date I can think of nothing you have said that has added one iota of understanding to any user of this site

    If you don’t like it – the option is easy – please don’t comment

    I didn’t ask you to do so

    Richard

  13. Richard, Final entry, I’ve had enough.

    I’ve clearly got too much time on my hands as a fairly recently retired GP. Perhaps I should be on the golf course, but it’s not my cup of tea.

    As a GP of course I have only a layman’s knowledge of your field of expertise, but that still gives me the right to an opinion. I certainly haven’t given you abuse, anymore than you have to posters in return.

    At the top of each blog entry, it does say ‘leave a comment’, so you did ask me to do so.

    Anyway, it’s all getting very silly and unproductive. I just wish you had more compassion for we Islanders than you appear to show in your blogs, then I wouldn’t have prattled on and nor would your many other contributors, I guess. Then, of course, there would be need for a blog without someone prattling.

    I shall make no further comments, but watch your blog with frustration from now on, or maybe get a life and take up golf, heaven forbid.

    Best wishes, Phil

    • Phil

      My wife is a GP. She reckons what I do has more impact on the heaqlth of the community than anything she can do

      Ineqaulity is a massive factor in ill health

      The IoM is set up to increase inequality

      It is therefore harmful to health and well being

      Try debating that

      Richard

  14. is it possible to prove that inequality somehow causes health problems?

  15. Yes, billy, quite easily.
    Just use your eyes.

  16. Billy, try reading The Spirit Level by Richard Wilkinson and Kate Pickett.

  17. Thank you, Carol. I will.

  18. Arnald, if a correlation exists between inequality and health problems that doesn’t necessary mean that the former causes the latter.

  19. Billy, the Spirit Level contains research which proves that gross inequality leads to physical and social ills.

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