{"id":31443,"date":"2015-11-30T07:12:31","date_gmt":"2015-11-30T07:12:31","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=31443"},"modified":"2015-11-30T07:12:31","modified_gmt":"2015-11-30T07:12:31","slug":"the-uks-tax-havens-are-still-far-too-secret-for-the-good-of-the-world","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2015\/11\/30\/the-uks-tax-havens-are-still-far-too-secret-for-the-good-of-the-world\/","title":{"rendered":"The UK’s tax havens are still far too secret for the good of the world"},"content":{"rendered":"

This press release comes from a combination of NGOs, all of whom I have worked or co-operated with o9ver time, so I am happy to share it:<\/em><\/p>\n

David Cameron has vowed to lead the global fight against corruption<\/a>. \u00a0But, a new assessment<\/a> released today warns that the UK cannot credibly claim that it has made significant improvements with regard to financial secrecy when jurisdictions it has control over \u2014 the Overseas Territories \u2014 remain some of the most notorious purveyors of financial secrecy.<\/p>\n

The report, by Christian Aid, Global Witness, the Tax Justice Network and Transparency International UK, comes as leaders of the secrecy jurisdictions \u2014 the UK\u2019s Overseas Territories - gather in London for their annual meeting with the UK government. The seven Territories include the British Virgin Islands, the Cayman Islands and Bermuda and all are ultimately UK-controlled.<\/p>\n

The UK\u2019s Corruption Problem<\/em> <\/a>considers two aspects of financial secrecy in the Overseas Territories:<\/p>\n