Deputy foreign secretary urges Cayman and British Virgin Islands to implement UK law requiring public registers of funds
Archived version: https://archive.ph/H60EX
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What about the money getting laundered that nobody knows about? How can you put a number on this?
Nobody knows
He warned: “If these overseas territories and crown dependencies want to have our king and our flag, then they must also accept our values, which is why we are so intent on ensuring dirty money cannot flow in and from there.”
… Do they?
That’s the neat thing - this is entirely compatible with our values.
Living here, frankly I’m suprised it isn’t more.