Potential nuclear conflict linked to offshore banking activities

Paul McDermott

Research output: Contribution to journalArticle

Abstract

Impact of a recent decision by the US government to order all institutions to sever ties with an Asian offshore bank shows just how much influence an off-shore financial centre, such as the Cayman Islands, has on the world's political stage. It also illustrates the importance of Cayman's banking and legal system in safeguarding against money laundering and receiving assets obtained from the proceeds of crime.
Original languageEnglish
Pages (from-to)6-6
Number of pages1
JournalCayman Net News
VolumeApr-07
Issue number1353
Publication statusPublished - 2007

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