Tag: Financial Secrecy Index
Cayman drops way down on TJN secrecy ranking
(CNS): The Cayman Islands is no longer the Tax Justice Network‘s most secret jurisdiction. The British overseas territory was rated number one in 2020 and number two in 2021, but this year it has dropped way down to number 14. The United States is now number one, Germany is number seven and Britain itself is […]
Cayman tops TJN 2020 Secrecy Index
(CNS): The Cayman Islands government hit back at the Tax Justice Network after it topped the TJN Financial Secrecy Index this year for the first time, which happened on the same day that Cayman became the only UK Overseas Territory to be blacklisted by the European Union. Officials here criticised TJN’s methodology and accused it […]
US overtakes Cayman in financial secrecy index
(CNS): The United States has pushed Cayman into third place in the global financial secrecy charts from the Tax Justice Network. The US is now listed as the second largest tax haven in the world, behind Switzerland. The TJN’s 2018 Financial Secrecy Index (FSI), produced in partnership with Transparency International and the Financial Accountability and […]