{"id":5240,"date":"2009-11-01T15:36:46","date_gmt":"2009-11-01T13:36:46","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/01\/the-financial-secrecy-index\/"},"modified":"2009-11-01T15:36:46","modified_gmt":"2009-11-01T13:36:46","slug":"the-financial-secrecy-index","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/01\/the-financial-secrecy-index\/","title":{"rendered":"The Financial Secrecy Index"},"content":{"rendered":"<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\" width=\"845\"><img loading=\"lazy\" decoding=\"async\" title=\"clip_image002\" style=\"border-right: 0px; border-top: 0px; display: inline; border-left: 0px; border-bottom: 0px\" height=\"47\" alt=\"clip_image002\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2009\/11\/clip-image002-thumb.gif\" width=\"240\" border=\"0\" \/><\/td>\n<\/tr>\n<tr>\n<td>Secrecy Jurisdiction<\/td>\n<td width=\"89\">\n<p>Opacity<\/p>\n<p>Score<\/p>\n<\/td>\n<td width=\"106\">Global Scale Weight<\/td>\n<td width=\"110\">Opacity Component Value<\/td>\n<td width=\"110\">Financial Secrecy Index Value<\/td>\n<td width=\"110\">Financial Secrecy Index Rank<\/td>\n<\/tr>\n<tr>\n<td>USA (Delaware)<\/td>\n<td>92<\/td>\n<td>0.17767<\/td>\n<td>84.6<\/td>\n<td>1503.80<\/td>\n<td>1<\/td>\n<\/tr>\n<tr>\n<td>Luxembourg<\/td>\n<td>87<\/td>\n<td>0.14890<\/td>\n<td>75.7<\/td>\n<td>1127.02<\/td>\n<td>2<\/td>\n<\/tr>\n<tr>\n<td>Switzerland<\/td>\n<td>100<\/td>\n<td>0.05134<\/td>\n<td>100.0<\/td>\n<td>513.40<\/td>\n<td>3<\/td>\n<\/tr>\n<tr>\n<td>Cayman Islands<\/td>\n<td>92<\/td>\n<td>0.04767<\/td>\n<td>84.6<\/td>\n<td>403.48<\/td>\n<td>4<\/td>\n<\/tr>\n<tr>\n<td>United Kingdom (City of London)<\/td>\n<td>42<\/td>\n<td>0.19716<\/td>\n<td>17.6<\/td>\n<td>347.79<\/td>\n<td>5<\/td>\n<\/tr>\n<tr>\n<td>Ireland<\/td>\n<td>62<\/td>\n<td>0.03739<\/td>\n<td>38.4<\/td>\n<td>143.73<\/td>\n<td>6<\/td>\n<\/tr>\n<tr>\n<td>Bermuda<\/td>\n<td>92<\/td>\n<td>0.01445<\/td>\n<td>84.6<\/td>\n<td>122.30<\/td>\n<td>7<\/td>\n<\/tr>\n<tr>\n<td>Singapore<\/td>\n<td>79<\/td>\n<td>0.01752<\/td>\n<td>62.4<\/td>\n<td>109.34<\/td>\n<td>8<\/td>\n<\/tr>\n<tr>\n<td>Belgium<\/td>\n<td>73<\/td>\n<td>0.01475<\/td>\n<td>53.3<\/td>\n<td>78.60<\/td>\n<td>9<\/td>\n<\/tr>\n<tr>\n<td>Hong Kong<\/td>\n<td>62<\/td>\n<td>0.01986<\/td>\n<td>38.4<\/td>\n<td>76.34<\/td>\n<td>10<\/td>\n<\/tr>\n<tr>\n<td>Jersey<\/td>\n<td>87<\/td>\n<td>0.01007<\/td>\n<td>75.7<\/td>\n<td>76.22<\/td>\n<td>11<\/td>\n<\/tr>\n<tr>\n<td>Austria<\/td>\n<td>91<\/td>\n<td>0.00511<\/td>\n<td>82.8<\/td>\n<td>42.32<\/td>\n<td>12<\/td>\n<\/tr>\n<tr>\n<td>Guernsey<\/td>\n<td>79<\/td>\n<td>0.00580<\/td>\n<td>62.4<\/td>\n<td>36.20<\/td>\n<td>13<\/td>\n<\/tr>\n<tr>\n<td>Bahrain<\/td>\n<td>92<\/td>\n<td>0.00278<\/td>\n<td>84.6<\/td>\n<td>23.53<\/td>\n<td>14<\/td>\n<\/tr>\n<tr>\n<td>Netherlands<\/td>\n<td>58<\/td>\n<td>0.00689<\/td>\n<td>33.6<\/td>\n<td>23.18<\/td>\n<td>15<\/td>\n<\/tr>\n<tr>\n<td>British Virgin Islands<\/td>\n<td>92<\/td>\n<td>0.00177<\/td>\n<td>84.6<\/td>\n<td>14.98<\/td>\n<td>16<\/td>\n<\/tr>\n<tr>\n<td>Portugal (Madeira)<\/td>\n<td>92<\/td>\n<td>0.00146<\/td>\n<td>84.6<\/td>\n<td>12.36<\/td>\n<td>17<\/td>\n<\/tr>\n<tr>\n<td>Cyprus<\/td>\n<td>75<\/td>\n<td>0.00206<\/td>\n<td>56.3<\/td>\n<td>11.59<\/td>\n<td>18<\/td>\n<\/tr>\n<tr>\n<td>Panama<\/td>\n<td>92<\/td>\n<td>0.00128<\/td>\n<td>84.6<\/td>\n<td>10.83<\/td>\n<td>19<\/td>\n<\/tr>\n<tr>\n<td>Israel<\/td>\n<td>90<\/td>\n<td>0.00128<\/td>\n<td>81.0<\/td>\n<td>10.37<\/td>\n<td>20<\/td>\n<\/tr>\n<tr>\n<td>Malta<\/td>\n<td>83<\/td>\n<td>0.00126<\/td>\n<td>68.9<\/td>\n<td>8.68<\/td>\n<td>21<\/td>\n<\/tr>\n<tr>\n<td>Hungary<\/td>\n<td>75<\/td>\n<td>0.00136<\/td>\n<td>56.3<\/td>\n<td>7.65<\/td>\n<td>22<\/td>\n<\/tr>\n<tr>\n<td>Malaysia (Labuan)<\/td>\n<td>100<\/td>\n<td>0.00072<\/td>\n<td>100.0<\/td>\n<td>7.20<\/td>\n<td>23<\/td>\n<\/tr>\n<tr>\n<td>Isle of Man<\/td>\n<td>83<\/td>\n<td>0.00084<\/td>\n<td>68.9<\/td>\n<td>5.79<\/td>\n<td>24<\/td>\n<\/tr>\n<tr>\n<td>Philippines<\/td>\n<td>83<\/td>\n<td>0.00074<\/td>\n<td>68.9<\/td>\n<td>5.10<\/td>\n<td>25<\/td>\n<\/tr>\n<tr>\n<td>Latvia<\/td>\n<td>75<\/td>\n<td>0.00073<\/td>\n<td>56.3<\/td>\n<td>4.11<\/td>\n<td>26<\/td>\n<\/tr>\n<tr>\n<td>Lebanon<\/td>\n<td>91<\/td>\n<td>0.00032<\/td>\n<td>82.8<\/td>\n<td>2.65<\/td>\n<td>27<\/td>\n<\/tr>\n<tr>\n<td>Barbados<\/td>\n<td>100<\/td>\n<td>0.00026<\/td>\n<td>100.0<\/td>\n<td>2.60<\/td>\n<td>28<\/td>\n<\/tr>\n<tr>\n<td>Macao<\/td>\n<td>87<\/td>\n<td>0.00025<\/td>\n<td>75.7<\/td>\n<td>1.89<\/td>\n<td>29<\/td>\n<\/tr>\n<tr>\n<td>Uruguay<\/td>\n<td>87<\/td>\n<td>0.00024<\/td>\n<td>75.7<\/td>\n<td>1.82<\/td>\n<td>30<\/td>\n<\/tr>\n<tr>\n<td>United Arab Emirates (Dubai)<\/td>\n<td>92<\/td>\n<td>0.00018<\/td>\n<td>84.6<\/td>\n<td>1.52<\/td>\n<td>31<\/td>\n<\/tr>\n<tr>\n<td>Mauritius<\/td>\n<td>96<\/td>\n<td>0.00013<\/td>\n<td>92.2<\/td>\n<td>1.20<\/td>\n<td>32<\/td>\n<\/tr>\n<tr>\n<td>Bahamas<\/td>\n<td>100<\/td>\n<td>0.00011<\/td>\n<td>100.0<\/td>\n<td>1.10<\/td>\n<td>33<\/td>\n<\/tr>\n<tr>\n<td>Costa Rica<\/td>\n<td>92<\/td>\n<td>0.00006<\/td>\n<td>84.6<\/td>\n<td>0.51<\/td>\n<td>34<\/td>\n<\/tr>\n<tr>\n<td>Vanuatu<\/td>\n<td>100<\/td>\n<td>0.00005<\/td>\n<td>100.0<\/td>\n<td>0.50<\/td>\n<td>35<\/td>\n<\/tr>\n<tr>\n<td>Aruba<\/td>\n<td>83<\/td>\n<td>0.00004<\/td>\n<td>68.9<\/td>\n<td>0.28<\/td>\n<td>36<\/td>\n<\/tr>\n<tr>\n<td>Belize<\/td>\n<td>100<\/td>\n<td>0.00002<\/td>\n<td>100.0<\/td>\n<td>0.20<\/td>\n<td>37<\/td>\n<\/tr>\n<tr>\n<td>Netherlands Antilles<\/td>\n<td>75<\/td>\n<td>0.00002<\/td>\n<td>56.3<\/td>\n<td>0.11<\/td>\n<td>38<\/td>\n<\/tr>\n<tr>\n<td>Brunei*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>Dominica*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>Samoa*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>Seychelles*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>St Lucia*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>St Vincent &amp; Grenadines*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>Turks &amp; Caicos Islands*<\/td>\n<td>100<\/td>\n<td>0.00001<\/td>\n<td>100.0<\/td>\n<td>0.10<\/td>\n<td>joint 39<\/td>\n<\/tr>\n<tr>\n<td>Antigua &amp; Barbuda*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Cook Islands*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Gibraltar*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Grenada*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Marshall Islands*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Nauru*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>St Kitts &amp; Nevis*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>US Virgin Islands*<\/td>\n<td>92<\/td>\n<td>0.00001<\/td>\n<td>84.6<\/td>\n<td>0.08<\/td>\n<td>joint 46<\/td>\n<\/tr>\n<tr>\n<td>Liberia*<\/td>\n<td>90<\/td>\n<td>0.00001<\/td>\n<td>81.0<\/td>\n<td>0.08<\/td>\n<td>54<\/td>\n<\/tr>\n<tr>\n<td>Liechtenstein*<\/td>\n<td>87<\/td>\n<td>0.00001<\/td>\n<td>75.7<\/td>\n<td>0.08<\/td>\n<td>joint 55<\/td>\n<\/tr>\n<tr>\n<td>Anguilla*<\/td>\n<td>87<\/td>\n<td>0.00001<\/td>\n<td>75.7<\/td>\n<td>0.08<\/td>\n<td>joint 55<\/td>\n<\/tr>\n<tr>\n<td>Andorra*<\/td>\n<td>83<\/td>\n<td>0.00001<\/td>\n<td>68.9<\/td>\n<td>0.07<\/td>\n<td>57<\/td>\n<\/tr>\n<tr>\n<td>Maldives*<\/td>\n<td>80<\/td>\n<td>0.00001<\/td>\n<td>64.0<\/td>\n<td>0.06<\/td>\n<td>58<\/td>\n<\/tr>\n<tr>\n<td>Montserrat*<\/td>\n<td>79<\/td>\n<td>0.00001<\/td>\n<td>62.4<\/td>\n<td>0.06<\/td>\n<td>59<\/td>\n<\/tr>\n<tr>\n<td>Monaco*<\/td>\n<td>67<\/td>\n<td>0.00001<\/td>\n<td>44.9<\/td>\n<td>0.04<\/td>\n<td>60<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>*&#160;&#160; Jurisdictions marked with an asterix are ranked according to their opacity score.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Secrecy Jurisdiction Opacity Score Global Scale Weight Opacity Component Value Financial Secrecy Index Value Financial Secrecy Index Rank USA (Delaware) 92 0.17767 84.6 1503.80 1<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/11\/01\/the-financial-secrecy-index\/\"><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":[113],"tags":[],"class_list":["post-5240","post","type-post","status-publish","format-standard","hentry","category-financial-secrecy-index"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5240","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=5240"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/5240\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=5240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=5240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=5240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}