The use of UK crown dependencies and overseas territories for tax avoidance, tax evasion, and money laundering must be ended.

To plead "If we don't do it, somebody else will" is to adopt the rhetoric of pimps and pushers.

Nearly 40% of dirty money is laundered in London and UK crown dependencies | Tax havens | The Guardian

https://www.theguardian.com/world/article/2024/may/14/nearly-40-of-dirty-money-is-laundered-in-london-and-uk-crown-dependenies

#UKPolitics #Taxation #CrownDependencies #DirtyMoney #GlobalFinance #MoneyLaundering

Nearly 40% of dirty money is laundered in London and UK crown dependencies

Deputy foreign secretary urges Cayman and British Virgin Islands to implement UK law requiring public registers of funds

The Guardian