This report evaluates the threats to Caribbean offshore financial centres, focusing on Saint Kitts and Nevis, and Antigua and Barbuda.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Ava Jordan, Sheldon Mc Lean |
| Geographic focus: | Saint Kitts And Nevis, Antigua And Barbuda, Caribbean |
| Page count: | 20 páginas. |
The research method involved reviewing the historical development of offshore financial centres in the Caribbean, analyzing international financial regulations and their impact on these centres, conducting interviews with stakeholders, and examining the implications of citizenship by investment programmes and de-risking on the sector.
(Generated with the help of GPT-4)
The report assesses challenges faced by Caribbean offshore financial centres, particularly in Saint Kitts and Nevis, and Antigua and Barbuda, in the wake of increased international financial regulation post-2008 financial crisis. It examines the emergence and importance of offshore financial centres in the Caribbean, the impact of international standards for financial centres, the role of citizenship by investment programmes, and the effects of de-risking. Recommendations are made for greater transparency, regional coordination, and policy shifts to address these challenges.
(Generated with the help of GPT-4)
Categories: Antigua And Barbuda geographic scope | Caribbean geographic scope | English publication language | Saint Kitts And Nevis geographic scope | anti-money laundering | citizenship by investment | counter-terrorism financing | de-risking | economic impact | financial sector resilience | international financial regulations | offshore financial centres | policy recommendations | regulatory compliance