Offshore, Onshore, Midshore: An Introduction
Gresham College Lectures
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Gresham College Lectures
Offshore, Onshore, Midshore: An Introduction
Mar 27, 2014
Gresham College
The opening address from the Long Finance Spring Conference 2014: http://www.gresham.ac.uk/lectures-and-events/offshore-onshore-midshore-an-introduction
Alderman Professor Michael Mainelli welcomes the audience and the panel members to the Long Finance Spring Conference. The Emeritus Professor of Commerce examines why the issue of International Financial Centres, or Tax Havens depending on your world view, are a vital topic of discussion. Does the negative press surrounding many of these centres threaten their status, and thus the endanger a potentially fundamental tool in a globalized world?
With three nearby Crown Dependencies and six overseas territories promoting themselves as 'international financial centres', the UK seems to value offshore centres. Yet during current financial crises these havens are easy scapegoats. At the 2011 G20 Summit in Cannes, President Nicolas Sarkozy stated, "We don't want any more tax havens. Our message is clear, countries that remain tax havens ... will be shunned by the international community". But do these centres add value? And what of onshore havens such as Delaware, Monaco, Luxembourg ... London? This symposium will explore the good, the bad and the ugly -- savings, crimes and tax. We will look at how offshore centres do add value, their dangers and how things might evolve to something, perhaps "mid-shore".
The transcript and downloadable versions of the lecture are available from the Gresham College Website: http://www.gresham.ac.uk/lectures-and-events/offshore-onshore-midshore-an-introduction
Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,500 lectures free to access or download from the website.
Website: http://www.gresham.ac.uk
Twitter: http://twitter.com/GreshamCollege
Facebook: https://www.facebook.com/greshamcollege
Alderman Professor Michael Mainelli welcomes the audience and the panel members to the Long Finance Spring Conference. The Emeritus Professor of Commerce examines why the issue of International Financial Centres, or Tax Havens depending on your world view, are a vital topic of discussion. Does the negative press surrounding many of these centres threaten their status, and thus the endanger a potentially fundamental tool in a globalized world?
With three nearby Crown Dependencies and six overseas territories promoting themselves as 'international financial centres', the UK seems to value offshore centres. Yet during current financial crises these havens are easy scapegoats. At the 2011 G20 Summit in Cannes, President Nicolas Sarkozy stated, "We don't want any more tax havens. Our message is clear, countries that remain tax havens ... will be shunned by the international community". But do these centres add value? And what of onshore havens such as Delaware, Monaco, Luxembourg ... London? This symposium will explore the good, the bad and the ugly -- savings, crimes and tax. We will look at how offshore centres do add value, their dangers and how things might evolve to something, perhaps "mid-shore".
The transcript and downloadable versions of the lecture are available from the Gresham College Website: http://www.gresham.ac.uk/lectures-and-events/offshore-onshore-midshore-an-introduction
Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,500 lectures free to access or download from the website.
Website: http://www.gresham.ac.uk
Twitter: http://twitter.com/GreshamCollege
Facebook: https://www.facebook.com/greshamcollege
