In the previous post I said that, post Brexit, the UK would be unable or unwilling to defend the interests of its overseas territories. The EU has now placed Cayman Islands (and others) on a blacklist of tax havens, the “list of non-cooperative tax jursidictions”. This move required unanimity at the finance ministers’ meeting and, according to the Neue Zuericher Zeitung, the UK in the past had blocked such decisions.
For the Bravest: Trade and Investment Policy
The world economy: analysis and commentary by Eoin Gahan