Financial Secrecy Index – full technical database now available

   0   0 Blog

FSI logoOn November 2nd we published the fourth edition of the Financial Secrecy Index (FSI,) the most comprehensive global survey of financial market secrecy which covers more than 100 jurisdictions. This unique index combines a secrecy score (according to 15 key indicators) with a weighting of each jurisdiction’s market share in the global financial services for non-residents. The index reveals that the world’s most important providers of financial secrecy are not the traditional small, palm-fringed islands, but some of the world’s biggest and wealthiest countries.

When we published it, our full technical database reports were not yet available. That changes today: they are now available for every jurisdiction. Visually, the site is slightly different too, because we have made some technical changes, but otherwise the content is unchanged except for the new material we’ve added.

Our reports provide evidence and details for each indicator of secrecy, with verifiable sources and descriptions of the legal frameworks relating to banking secrecy, beneficial ownership information of companies, trusts, foundations and partnerships, compliance with the Financial Action Task Force’s (FATF’s) Anti Money Laundering (AML) Recommendations, exchange of information, and much more.

Researchers, journalists, activists, tax authorities, law enforcement agents, financial intelligence units (FIUs) and banking supervisors around the world have been using the FSI for their risk assessments and as a source of valuable information – such as how to access online corporate information from each jurisdiction.

This time around, users need to first register online to access these free reports – the purpose of doing this is simply for us to understand better who uses the FSI and how it can be improved during the review of the FSI that will take place next year.

For more information on how to access and use the FSI’s detailed reports, or if you are interested in sending feedback, please contact Markus Meinzer, Andres Knobel or Moran Harari.


Related Posts

UN must defend target to curtail multinational companies’ tax abuse

Photo by Luca Santori, Creative Commons LicenseThe Tax Justice Network, The Independent Commission for the Reform of International Corporate Taxation, and the Global Alliance for Tax Justice call on the UN Secretary General to make sure the commitment to action on tax abuses by multinational companies remains part of the new UN Sustainable Development Goals.

READ MORE →

The BVI: Responsible for worldwide tax losses of $37.5 billion a year

BVI report blogAn extraordinary report by consultants Capital Economics, for BVI Finance, claims that the British Virgin Islands are responsible for $1.5 trillion of assets invested around the world, and that these result in 2.2 million jobs and $15 billion in tax revenue. A better approximation would be that the BVI imposes global tax losses of $37.5 […]

READ MORE →

Event: Making Tax Work for Women in the UK and Globally

Invitation_ Tax and Gender eventOn Wednesday 28th June 2017 at 16.30 our very own Liz Nelson will be speaking at an event in London that aims to bring together gender and tax justice advocates to highlight the need for coherent and gender-responsive fiscal policies to safeguard the rights of women and girls both in the UK and globally. The […]

READ MORE →

Historic event on women, human rights and tax justice in Bogota

BogotaLast week civil society organisations, researchers, labour union activists and policy makers met in Bogota, Colombia to explore how tax justice issues can ensure governments, multinational corporations and others meet their obligations to women in order to secure their full range of human rights. The Women’s Rights and Tax Justice conference opened with a conversation […]

READ MORE →

The Offshore Wrapper: the Panama Papers, one year on

Photos from the Protest outside PwC 1 Embankment Place, part of the Global week of action for tax justiceWelcome to the Offshore Wrapper – your weekly update from TJN.  Happy Paniversary! This week it’s been one year since the Panama Papers were leaked, and a number of organisations around the world have been marking the occasion though the global week of action for tax justice. In London, activists from the TJN and the […]

READ MORE →

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to Top