CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Financial Stability Forum to Investigate IOFCs

Financial Stability Forum to Investigate IOFCs

Tax-news.com

02 October 1999


During the annual IMF and World Bank meetings in Washington this week it became clear that the Financial Stability Forum will stage a specific investigation into offshore financial centres, reporting on the subject next spring. This move was foreshadowed at the Forum's meeting in Paris two weeks ago. UK Finance Minister Gordon Brown, in Washington for the IMF meeting, welcomed the investigation. As Chairman of the IMF's International Monetary and Financial Committee, he told the Washington IMF meeting that the IMF should 'enhance its support for members' efforts in regulation of domestic financial institutions and offshore banking centres, including measures to deter money laundering'.

.

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »