December 11, 2018

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Offshore Compliance – The Tide Has Turned!

The Past… In his March 2015 Budget statement, the then Chancellor of the Exchequer, George Osborne “set alarm bells ringing” by announcing the early closure of all offshore disclosure facilities, including the much-vaunted Liechtenstein Disclosure Facility (LDF) and the less popular Crown Dependencies Disclosure Facilities (CDDF). This seemed an unusual step to take, the LDF

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