Coming soon: the Financial Secrecy Index
Now we launch another site, www.financialsecrecyindex.com which takes you step-by-step into the details of our new ranking of secrecy jurisdictions. The ranking results will be published at the start of November, but we the know the results already and we can confidently say that they will turn many people's pre-conceptions on their head.
We are also fairly confident that the rankings we publish in the Financial Secrecy Index will replace the failed OECD black / grey / white lists which came out in April 2009. The latest story from Business Times of Singapore highlights the hollowness of the OECD process:
"With Singapore poised to graduate to the 'white list' of the Organisation for Economic Cooperation and Development (OECD), trust and estate practitioners are confident that there are sufficient safeguards in place to prevent indiscriminate prying into taxpayers' accounts."
In other words: don't worry, criminals and abusers - if we get onto the white list, your secrets will still be safe with us. The Financial Secrecy Index will reveal, for the first time, what is really going on.