R.I.P.? Dying to close an offshore account

The FBAR, the Financial Crimes Enforcement Network (FinCEN) Form 114, was developed by the U.S. Department of the Treasury to collect and analyze information...
A hand stopping some falling dominoes from continuing on to two more lines standing of dominoes

Before the next crisis

These should be the best of times. World poverty is at a record low, and world incomes are at a record high. People in...
Cayman Financial Review Logo

Offshore centers introduce substance legislation to stave off EU blacklisting

Jersey, Guernsey, the Isle of Man, Bermuda, the British Virgin Islands, the Bahamas and Cayman have all introduced new legislation late last year requiring...
Chart 1

The rotten smell of the European tax agenda for 2019

With European economies in a slump and the discussion about the Brexit dominating headlines, taxation was not among the hot issue during the last...
Figure 3: Since the 1960s, growth in the world’s retired population has increased by 17 percent

The population bust: Demographic change and the coming fiscal crisis

Japan’s Prime Minister Shinzo Abe opted to raise the sales tax in order to shore up government finances in addition to taking steps to...
Australia graphic - satellite image of the country given a 3D effect

Federalism, Australian Style: Federal-state financial socialism

There has been a lot of public debate this year in Australia about the federal system of government, in general, and, in particular, the...

Private lives and public interest

When litigation looms large on the horizon, a party anticipating being caught up in court proceedings can be concerned to ensure that their personal...

The Federal Reserve is between a rock and a hard place

As the financial crisis started to become apparent to the policy makers on the Federal Open Market Committee (FOMC) at the Federal Reserve System...
Cyprus. Marina in foreground with city behind.

A review of the world’s offshore financial centers: Cyprus

Cyprus, officially the Republic of Cyprus, is an island country in the northeast corner of the Eastern Mediterranean, strategically located at the crossroads of...
Brazilian street packed with people

What are the policies President Bolsonaro intends for Brazil?

On Oct. 28., 2019, Jair M. Bolsonaro won the runoff of the 2018 Brazilian presidential elections and became the 38th president of the country....

Containing China

The Chinese character for China depicts a place between heaven and earth, at the center of the universe, and, for 5,000 years, China has...
Graphic combing photo of London with dark clouds the EU flag and the Union Jack

Hard Brexit

One of the truisms of modern politics in the U.K. is no one is surprised by anything. Not the confidence vote in Theresa May,...