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BOOK SUMMARY :

Abstract offshore financial centers are criticized for everything from facilitating money laundering to lax regulation yet these jurisdictions play an important positive role in the international legal system that is rarely recognized by providing a different type of competitor in the market for lawread offshore financial centers and regulatory competition by rose marie belle antoine available from rakuten kobo offshore financial centers ofcs have a troubled reputation for enabling tax evasion money laundering autocratic lootget this from a library offshore financial centers and regulatory competition andrew p morriss it is curious that governments want to regulate private monopolies but at the same time seek a monopoly of regulation economic theory and evidence suggest that regulatory competition delivers downloadable fears of criminal activity have prompted many governments to restrict competition from offshore financial centers but overregulating offshore financial shore activity presents a serious risk of destabilizing the global financial systemin offshore financial centers and regulatory competition a group of leading international law and finance experts argues that offshore jurisdictions have become key players in corporate finance and captive insurance markets

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