The latest Global Financial Centres Index (GFCI) places UK 'offshore' top of the rankings with Jersey, Guernsey and Isle of Man listed as the top three offshore centres.
The GFCI report points out that while offshore centres have suffered significant reputational damage in the past three years, the latest report shows that many are now recovering as respondents to the GFCI questionnaire "recognise the contribution these centres can make to global finance." In particular, the report said that "Jersey and Guernsey are working to change perceptions and to rise above the status of offshore specialist centres by being seen as more diversified." Indeed GFCI’s report also reveals that Jersey has climbed into the top 10 locations in the world for wealth mana...
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