The Financial Secrecy Index, compiled by the Tax Justice Network, is a tool for understanding global financial secrecy, corruption and illicit financial flows.
By ranking secrecy jurisdictions according to both their secrecy, and the scale of their activities, it allows a politically neutral ranking of the biggest players. The Financial Secrecy Index was launched on October 4, 2011.
Grab the Prezi here.
The Financial Secrecy Index turns the spotlight on the providers of international financial secrecy. In doing so it has important implications for how we understand and tackle the world of financial secrecy
John Christensen, Director of the Tax Justice Network.
The politics of secrecy
Many of the jurisdictions listed in the FSI have commonly been described as tax havens, widely perceived to be “sunny places for shady people” – mostly small palm-fringed islands filled with sleazy law firms, motor yachts and brass plates of shell companies.
The FSI reveals a much richer and more complex political story: the world’s biggest players in the supply of financial secrecy are mostly not the tiny, isolated islands of the popular imagination – but rich nations.
Most are members of the Organisation for Economic Co-operation and Development (OECD), and many which are not OECD members can be considered ‘satellites’ of OECD countries such as Britain.
Check out the Financial Secrecy Index website for more info.
Or view an interactive world map.