These are my links for March 11th through March 13th:
- FT.com / Europe - Liechtenstein eases bank secrecy rules - .
"Liechtenstein will go not so far as to abolish bank secrecy. But the principality will co-operate more fully with foreign tax authorities and will end the confusing distinction, also retained by Switzerland, between tax evasion, a civil offence, and tax fraud, a crime."
But it's only limited progress.
We will demand more. And rightly so. Bank secrecy is, after all, a crime against humanity at large.
Don't believe me? Ask all those who have suffered the despoliation of their nations as they loot funds for the benefit of their Swiss and Lichtenstein bank accounts.
A billion voices can bring testimony to support my case.
- FT.com / Companies / Financials - Fury at Madoff over claim he acted alone - .
I simply don't believe he acted alone.
Just not possible.
And where is the money?
- Tax Havens Pledge to Ease Secrecy Laws - WSJ.com - .
It's not just me. Here's John Christensen being quoted out of context too.
- Is this the end for treasure islands? - .
Is it a sign that you've made it when a) your research isn't credited and b) you're quoted out of context
- A quoi sert la liste noire des paradis fiscaux ? - I get around these days
- FT.com / Companies / Financial Services - Auditors suffer liability setback - .
Actually, some of us call that progress
- PwC, Berg Kaprow Lewis receive petty cash fines | AccMan - .
Dennis is right.
Does a £750 fine have any meaning for PWC?
- OECD Prepares Tax-Disclosure List for G-20 Meeting (Update1) - Bloomberg.com - .
The Organization for Economic Cooperation and Development said it has prepared a list of countries that it says don’t fully meet its standards of information disclosure on tax matters, including Austria, Luxembourg and Switzerland.
That at least will set the cat amongst the pigeons.
And no more can it be argued that this is focussed only on non-OECD states
- Second Dissolution of the British Empire (What's Left) - .
It's funny enough to make it worth bookmarking
The American Right at it's best, or worst, on the issue of tax havens
What's amazing is that this is the rhetoric and reporting those running these places believe. I know - I've heard them say so
- FT.com / In depth - Fifty who will frame a way forward - The FT thinks those in power now will get us out of this messUnlikely
- Regulate financial markets while we still can | vox - Research-based policy analysis and commentary from leading economists - Radical stuff from a former member of the monetary policy committee of the Bank of England
- BBC NEWS | Business | Barclays 'corrupt regime' claim - Global witness says banks play a big roll in corruptionI believe them
I know how much work they put into this
See www.undue-diligence.org for more