How are they going to enforce one of the world’s largest financing markets to conform to a white-list?
This is a total witch hunt and fishing expedition!
The G-20 is looking for a red-herring to detract attention away from their own economic deficiencies and stupidity in their home countries.
We have more disclosure then the UK and USA. They are the true tax havens… there are more illicit funds in those two countries but they easily detract that.
If they want to collect tax from every good and service sold, they should legalize drugs and prostitution…. they would make a killing.