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Topic: offshore centers
Cayman-Islands registered companies remained the number one target of offshore mergers and acquisitions during the first half of this year, but offshore deals overall slowed, law firm Appleby reported in its latest Offshore-i report. Cayman accounted for a third of all transactions and 40 percent of the total value of the offshore merger and acquisition activity.
Were you shocked to learn of all of the politicians from around the globe who have utilized Panama and other “offshore” entities to set up financial structures to hide their money?
IFCs should use objective measures of their perception to better tackle the reputational challenge.