The end of offshore banking in Europe?

[SandyD]

The end of offshore banking in Europe? – Quartz

[Sysman]

But Britain is an offshore tax haven, comes the reply

[MyUserName]

I doubt it will help anyway - the banks can just use Bobs onshore and keep sacrificing quality for much cheapness.

[SandyD]

Austria has accused Britain of being a haven for money laundering and tax evasion

[DodgyAgent]

But Britain is an offshore tax haven, comes the reply

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The Germans are tightening their grip on Europe.

Maggie will turn in her grave as soon as she is in it

[SandyD]

How will the new laws against secrecy work? The banks in restricted countries have a written secrecy agreement with their client, and in that agreement it says that the Bank-Client secrecy agreement will supersede any of the country's new laws relating to secrecy.

But if all bank change their policies clients wont have another option to stash their cash secretly, but they are breaking their original agreement with the client, are they to pay them compensation?

[vetran]

sorry I think Austria has a point.

Billions of dollars worth of Russian Oligarchs can't be wrong.

[MyUserName]

#

The Germans are tightening their grip on Europe.

Maggie will rise from her grave as soon as she is in it

FTFY

[DimPrawn]

Where did all the money that's been spent on £30m bedsits in London come from?

That's right, all honest hard earned Russian wages saved up.



Every property transaction above £1m should be revisited by HMR&C and anything slightly dodgy, the property should be seized and sold off to pay off some UK debt.

[BolshieBastard]

I doubt it will help anyway - the banks can just use Bobs onshore and keep sacrificing quality for much cheapness.

And plenty sh*teness (wobbles head).