Category > gibraltar

The Financial Times has repôrted that Gibraltar would have almost completed its transformation into a conventional financial centre. “We have been repositioning Gibraltar away from the tax haven, the brass plate, the place where people just hide their money in the hope that nobody else will see it, much more into a financial centre of the onshore European variety,” Mr Caruana, chief minister, told the Financial Times. Know more

Whereas traditional tax havens are monitored, a new tax haven created by the West African state of Ghana could attract tax dodgers and drug traders seeking to launder money unless safeguards are introduced, warns a report launched a couple of days ago. The report, Taxation and Development in Ghana, co-funded by Christian Aid Ghana, says the potential detrimental effects of the International...

The report is based primarily on work undertaken during a visit to Gibraltar during March 1–17, 2006. The assessment team comprised Mr. R. Barry Johnston (Head), Mr. Salim M. Darbar, Ms. Tanya...

According to the official communication from the Gibraltar Financial Services Commission (www.fsc.gi), Gibraltar is at the forefront of anti-money laundering practices : - it was one of the...