Ethics and governance in the European Financial centers

The last days demonstrated that governmental policies to fight tax haven are driven by politics with its procession of compromising, cowardice, blackmail, etc.

It is naive to await OECD or G20 or UN or any other international organization of governments that they build a relevant list of tax havens as it is in fact like self-regulation : everyone saw the inefficiency self-regulation with the financial crisis.

That is the reason why a non governmental body like Transparency International should take the initiative to define criteria taking into consideration every matter (tax practices, corruption, money laundering…).