Jersey confident of avoiding G20 crackdown

Geoff Cook, chief executive of Jersey Finance believes the jurisdiction has "nothing to fear" over comments made by Brown and Obama as the island "is neither a secrecy jurisdiction nor is it uncooperative and the evidence is clear to support this". European leaders as well as Brown and Obama have declared their intentions to 'blacklist' 'uncooperative' countries and jurisdictions in a bid to claw back lost tax. According to the US Treasury-backed Stop Tax Haven Abuse Act, jurisdictions which could be affected would be those that 'unreasonably restrict' the US authorities to obtain infor...