Colonial despotism

[AtW]

Icesave sank them in the 00s.

FTFY

[northernladyuk]

Send in the Gun boats, it's the only way

Iceland sank them in the 70s.

[Colour Sergeant Bourne]

Send in the Gun boats, it's the only way

[greenlake]

[AtW]

Cayman Islands considers legal action to stop public scrutiny by UK

The Cayman Islands government said it was considering legal action in an attempt to stop the UK making the overseas territory open up its company ownership registers to public scrutiny, a day after MPs agreed they should do so by the end of 2020.

Alden McLaughlin, the premier of the Cayman Islands, said the territory was keeping all options on the table including a legal challenge to the amendment and accused MPs of making a decision that was “reminiscent of the worst injustices of a bygone era of colonial despotism”.

The territory was joined by Bermuda, which questioned whether the newly passed legislation was constitutional, while others in the 14 jurisdictions representing the remains of the British empire said it would be punitively expensive to implement.

https://www.theguardian.com/us-news/...ublic-scrutiny


Cut them off from banking system or just tax every bank transfer in or out of those "tax heavens", say a least 20% "stamp duty"