EIB Reviews Lending To Offshore Jurisdictions

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Tax-News.Com says:

The European Investment Bank (EIB) has announced that it is conducting a review of its lending policies in the light of the latest crackdown against offshore financial centres by the major high-tax countries.

The review, according to the EIB, will aim to ensure that the institution’s lending activities “continue to mitigate against lost income from assets that are kept hidden in tax havens in developed and developing countries.”

Each such step is important.

Now I wonder when CDC might do the same?

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