{"id":4258,"date":"2009-07-08T10:05:11","date_gmt":"2009-07-08T08:05:11","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=4258"},"modified":"2009-07-08T10:10:04","modified_gmt":"2009-07-08T08:10:04","slug":"from-cayman-to-jersey-%e2%80%93-but-the-questions-remain-the-same","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/07\/08\/from-cayman-to-jersey-%e2%80%93-but-the-questions-remain-the-same\/","title":{"rendered":"From Cayman to Jersey \u00e2\u20ac\u201c but the questions remain the same"},"content":{"rendered":"<p>Having just had an article in the <a href=\"http:\/\/www.compasscayman.com\/cfr\/cfr.aspx?id=1912\" target=\"_blank\">Cayman  Financial Review<\/a> I now find myself in an article in Business Life \u2014 a Jersey  magazine. Page 8 onwards, <a href=\"http:\/\/content.yudu.com\/Library\/A18cqc\/businesslifejeissue3\/resources\/index.htm?referrerUrl=http:\/\/www.yudu.com\/item\/details\/59636\/businesslife.je-issue-3-June-July-2009%3Frefid%3D16135\" target=\"_blank\">here<\/a>.<\/p>\n<p>Curiously the question remains the same \u2014 what is financial transparency? In  the latest article, in response to my comments on this the following is  written:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-4261\" title=\"jerseybus2\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2009\/07\/jerseybus2-220x300.jpg\" alt=\"jerseybus2\" width=\"220\" height=\"300\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2009\/07\/jerseybus2-220x300.jpg 220w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2009\/07\/jerseybus2.jpg 366w\" sizes=\"auto, (max-width: 220px) 100vw, 220px\" \/><\/p>\n<p>The Kirkby in question is Robert Kirkby, Technical Director of Jersey  Finance. It is good, of course, to see him confirm what we've been saying for a while - that Jersey is a secrecy jurisdiction.<\/p>\n<p>He is though quite straightforwardly wrong: no one has to have a company  or trust. there is no abuse of privacy if those who avail themselves of  privileges granted by society are asked to reveal that they are doing so. Anyone  can trade in or hold assets in their own name and have privacy, that option is  always available.<\/p>\n<p>This is not a breach of human rights.<\/p>\n<p>And when the \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2legitimate&rsquo; desire to protect wealth involves hiding behind a  veil of secrecy in a  secrecy jurisdiction such as Jersey then it becomes  illegitimate.<\/p>\n<p>That&rsquo;s why life for Jersey is going to get harder. The days of playing that  game are numbered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Having just had an article in the Cayman Financial Review I now find myself in an article in Business Life \u2014 a Jersey magazine. Page<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/07\/08\/from-cayman-to-jersey-%e2%80%93-but-the-questions-remain-the-same\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,7,80,32,110],"tags":[],"class_list":["post-4258","post","type-post","status-publish","format-standard","hentry","category-cayman","category-jersey","category-secrecy-jurisdictions","category-tax-havens","category-transparency"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/4258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=4258"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/4258\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=4258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=4258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=4258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}