Regulate to accumulate
The British Virgin Islands show how regulation can be used to help - not hinder - business, and have led the way in everything from anti money-laundering operations to effective marketing, writes Lorna Smith
The glare of publicity being shone on the world of offshore finance will soon make distinctions between jurisdictions apparent. Offshore finance centres that do not rise to the new challenges of doing business will almost surely find their reputation will fade dramatically.
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