Meanings of offshore financial centre in English

Switzerland is still the world's biggest offshore financial centre with $2 trillion in assets.

Mauritius has expanded its offshore financial centre, spurring construction of tower blocks in Port Louis, in recent years.

Mauritius has expanded as an offshore financial centre, spurring construction of tower blocks in the capital Port Louis, in recent years.

Switzerland's tradition of bank secrecy has helped make it the world's biggest offshore financial centre, with $2 trillion in assets.

Switzerland's tradition of banking secrecy has helped make it the world's biggest offshore financial centre, with $2 trillion in assets.

The protection of client information has helped to make Switzerland the world's biggest offshore financial centre, with $2 trillion in assets.

Switzerland's tradition of banking secrecy has helped to make it the world's biggest offshore financial centre, with $2 trillion in assets.

Jersey is an offshore financial centre widely accused of being a tax haven, but this is a label the island is keen to avoid.

Tax haven is the term usually used in the media and public, whereas the industry would prefer the term offshore financial centre (OFC).

But they have been prevented from doing so in full by strict secrecy laws, which have helped make Switzerland the world's biggest offshore financial centre.

With a population of barely 55,000, the renowned offshore financial centre enjoys one of the highest living standards in the Caribbean.

The G20 crackdown has pressured many offshore financial centres to sign co-operation treaties.

Most are offshore financial centres also targeted by international watchdogs for loose banking regulation and harmful tax practices.

Just because some individuals may have used offshore financial centres for illegal purposes does not mean that everyone does.

As long as large sanctions are not imposed on them, offshore financial centres won't spontaneously abandon this lucrative business.

As global inequality rises, the companies located in offshore financial centres refocus their activity on a smaller but wealthier clientele.