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Channel 4 – cliché and class prejudice

Channel 4’s Dispatches documentary, “How the rich beat the taxman,” plumbed new depths in cliché ridden journalism and the recycling of hoary old myths.

When a director is reduced to showing long lingering shots of his reporter doodling at his keyboard, you know immediately they don’t have many moving pictures to show the viewer.  This is doubly embarrassing as the reporter in question is Antony Barnett, an investigative reporter with a solid track record in print journalism. (That’s the medium where words matter more than pictures.)

Barnett relies heavily throughout the entire documentary on the opinions of Richard Murphy and John Christensen – the leading lights, correction -the only lights, in the Tax Justice Network. This organisation, however, is not the major institution it appears to be. Google Streetview reveals that TJN’s global HQ is nothing more than a semi-detached house in Chesham, Buckinghamshire.  More fool Dispatches for giving them so much prominence.

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Cayman No. 1 specialised financial centre

The Banker’s 2010 IFC ratings place the Cayman Islands first for specialised financial centres

London, September 9, 2010: The leading banking and finance magazine, The Banker, has named the Cayman Islands as the top specialised financial centre for the second year running in its 2010 IFC Rankings released this month.

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The OECD and the increasingly wild wild west

In light of the readily verifiable standard setting advances made by the Cayman Islands with respect to all crimes anti-money laundering and tax transparency, a recent outburst from Senator Dorgan on the floor of the Senate erroneously describing the Cayman Islands as a "tax secrecy" jurisdiction, seems politically and factually out of touch.

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Cayman finance industry is clean - response to South China Morning Post article

The following is a response from Cayman Finance to an article that appeared in the South China Morning Post on 27 July.  The response was published as a letter to the Editor.  The original article is listed under this response.

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CIMA and US Federal Banking Regulators Reach Cooperation Agreement

The Cayman Islands Monetary Authority (CIMA) and the four main federal banking regulators in the United States have formalised procedures for exchanging supervisory information on US and Cayman Islands banks and banking institutions that have operations in each others’ jurisdictions.

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Cayman Finance Blog

Setting the Standard for Quality, Integrity, and Transparency for OFCs

Cayman funds “Exodus” is a load of blarney

A report published in The Financial Times on January 16 once again perpetuates the myth that The Cayman Islands is suffering at the hands of Ireland regarding the re-domiciling of funds.

The story, quoting the Irish Funds Industry Association, claims the…

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