Offshore Financial Centers and Regulatory Competition

Offshore Financial Centers and Regulatory Competition
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Offshore Monetary Centers and Regulatory Competition Description

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Offshore Financial Centers (OFC) has a reputation for difficulty to enable tax evasion, income laundering, looting autocratic, and even terrorist financing, but they play an essential role in the global economy. Fear of crime has led a lot of governments to restrict competition onshore offshore, but up-regulation of OFC activity presents a serious risk of destabilizing the global monetary system. Offshore Monetary Centers and regulatory competition, a group of international law and finance specialists argue that governments have turn out to be crucial players in corporate finance and captive insurance marketplace. OFC legal protection of privacy and monetary regulatory competition with earthly courts, forcing national governments to assess and reform their own tax and regulatory policies. Offshore Center also streamlines foreign direct investment and produce growth opportunities for countries whose financial systems by means of providi Offshore Financial Centers and Regulatory Competition

\n\nOffshore Financial Centers and Regulatory Competition Ebook

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