Offshore centres make good progress

Offshore centres suffered significant reputational damage in 2008 and 2009, according to the report but the latest ratings show a marked improvement for all offshore centres, though most expereince releative declines in ranking since other financial centres have progressed. Jersey remains the leading offshore centre followed by Guernsey, Monaco, Cayman Islands and the Isle of Man. Monaco shows the most marked advance since GFCI 12 with 57 points (moving up by 25 places) in the overall index. London, New York, Hong Kong and Singapore remain the top four centres. Hong Kong and Singapor...