Offshore finance publications. By offering .

Offshore finance publications. Her publications include Confidentiality in Offshore Financial Law, Trusts and Related Tax Issues in Offshore Financial Law and Legal Aspects of Offshore Financial Law. The definition of an offshore financial centre dates back to academic papers by Dufry & McGiddy (1978), and McCarthy (1979) regarding locations that are: Cities, areas or countries which have made a conscious effort to attract offshore banking business, i. 离岸金融研究报告: 发展模式、借鉴启示与上海探索 Translated title of the contribution: Research Report on Offshore Finance: Development Patterns, International Reference, and Exploration by Shanghai Apr 16, 2025 · An offshore bank account is a financial account opened by individuals and businesses overseas. dollars, as compared with 42 percent at the end of 2007. On the one hand, we have the standard regulated and taxed space for Abstract Offshore finance is a major component of the international financial system. At the time of the November 2003 review of the OFC program, Directors indicated that the Board should conduct the next review of the program in 2–3 years and be updated periodically on the progress in implementing the OFC program. Nov 20, 2018 · A dialogue with lenders and investors will facilitate better understanding of new revenue opportunities. 2026 Norway Ship & Offshore Finance Forum -BOOKS Exit Strategy The Shipping Man Viking Raid Trade War Dynasties of the Sea Dynasties of the Sea - Part 2 The Bourlotas Fortune Death of a Shipowner The US Department of Transportation and Amtrak have issued a call for letters of interest from prospective master developers, launching procurement on a public-private partnership to transform New York's Penn Station. This paper argues that these small places have to strive hard to link in to the Aug 19, 2024 · In short, British colonial administration had unintentionally put in place the legal and financial infrastructure necessary to build an ideal offshore financial center. Oct 14, 2025 · Appleby is one of the world’s leading international law firms. At the end of 2020, 67 percent of cross-border corporate bonds positions were in bonds denominated in U. Detailed technical analysis from different offshore tax havens and financial centres. Aug 21, 2025 · This article provides a comprehensive offshore wind industry update, detailing current challenges, shifting strategies, and evolving government support frameworks. This project maps how elites hide wealth throughout offshore networks, where multilayer network analysis and simulation models uncover secrecy strategies and structural vulnerabilities in the offshore system. Fingerprint Dive into the research topics of 'Offshore finance and global governance: disciplining the tax nomad'. Can authorities promote offshore use of their currencies while maintaining a significant degree of capital account control? Do they have policy options to manage potential risks to monetary and financial stability posed by the offshore markets of their currencies? Our answers to both questions are positive. List of dissertations / theses on the topic 'Offshore finance'. Aug 8, 2006 · With publication of Harmful Tax Competition: An Emerging Global Issue the Organisation for Economic Cooperation and Development (OECD) initiated a campaign to eliminate income tax competition. With [An edited version of this article appeared as " How Offshore Centres Fare In The Global Financial Centres Index" Campden Media, (2012), pages 33-36. The GFCI rates and ranks 75 financial centres drawing on instrumental factors weighted The offshore financial system enables means of tax evasion and foreign individuals to avoid sanctions. They estimated total offshore wealth at about 10 percent of world GDP in 2007, or $5 Introduction The Office of the Comptroller of the Currency’s (OCC) Comptroller’s Handbook booklet, “Trade Finance and Services,” is prepared for use by OCC examiners in connection with their examination and supervision of national banks, federal savings associations, and federal branches and agencies of foreign banking organizations (collectively, banks). Offshore nance has probably affected your life without you knowing it. This chapter explains the mechanisms and players shaping offshore finance. Sep 28, 2022 · Background As interest rates of loans granted by domestic banks or branches of foreign banks in Vietnam are significantly higher than that in the international market, most foreign invested enterprises (“ FIEs ”) rely on offshore loans such as loans from their parent companies or foreign banks. International banks are the most important institutions in the Bahamian OFC. Using quarterly data from the BIS on bilateral bank deposits, we are unable to detect any positive and statistically significant effect of IMF loan disbursements on bank deposits in OFCs INTRODUCTION This contribution results from more than fifteen years of research investigating ques-tions over the role, function, and consequences of offshore finance as a development path for island economies. The IMF Press Center is a password-protected site for working journalists. This essay focuses on the murky financial realm known as ofshore finance. These are This report analyses why development finance institutions use offshore tax havens, and whether the costs outweigh the benefits for developing countries. We find that the Nov 2, 2017 · Request PDF | On Nov 2, 2017, Godfrey Baldacchino published Offshore Finance and Global Governance: Disciplining the Tax Nomad | Find, read and cite all the research you need on ResearchGate Abstract This article examines the terminology used when analysing offshore finance, specifically the application of ‘jurisdiction’ in this context. TaxationEconomics, Econometrics and Finance100% FinanceEconomics, Econometrics and Finance100% Organisation for Economic Co-Operation and DevelopmentEconomics, Econometrics and Finance33% International TaxationEconomics, Econometrics and May 16, 2025 · The offshore wind industry is navigating challenges such as rising capital costs, supply chain constraints, and policy uncertainties in key markets. When you click on “Accept all”, you consent to ads on Does transparency bring cleanliness? Offshore financial secrecy reform and corruption control The project examined whether international transparency reforms have reduced the use of offshore jurisdictions for hiding corrupt wealth. This 3rd annual report reviews the latest projects and technologies, expert insights and more on offshore wind advancements. Feb 9, 2023 · Offshore Finance and State Power also reveals that the outcome of that impact on state power is not straightforward. Numerous offshore and other preferential zones enabling to avoid the effective national and governmental tax regime are important attributes of global financial system and May 26, 2021 · This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Atiles previews his forthcoming book, Islands of Exception, which explores the colonial foundations and imperial design of offshore finance, arguing that tax havens are not anomalies but central to global May 8, 2008 · This paper provides an update and overview of the Offshore Financial Center (OFC) program. Vlcek, Offshore Finance and Global Governance, International Political Economy Series, DOI 10. Aug 19, 2024 · Offshore nance has become tightly integrated with the global economy, as corporations channel their money through the Bahamas and other havens to limit their taxes, deter outside scrutiny of their nancial dealings, and take advantage of permissive securities laws. The Bahamas hosts one of the largest OFCs in the world. Aug 13, 2019 · And as financial capital flows from poorer countries to rich-world tax havens, labor migration will follow. Does the presence of offshore markets help to establish the global status of a currency? 14 hours ago · On November 3, 2025, Sable Offshore Corp. Learn how to choose the right jurisdiction and navigate new regulations. It lays out the reasons and uses of an offshore haven and the ways and means of moving your assets and wealth offshore to a tax-free or low-tax jurisdiction. Exposures of developed countries’ investors to China through Dec 14, 2021 · The lead finance people at three large offshore wind projects planned off the US Atlantic coast talked about a range of finance-related topics at the annual American Clean Power Association offshore wind conference in Boston in October. dollar has further consolidated its position as the dominant currency in global bond finance, gaining ground over the euro and other currencies. financeoffshore. But in lending dollars through open-ended central bank swaps in 2008 and 2020, the Fed broke new ground as international lender of last resort. Jan 1, 2006 · Opinions on offshore financial centers, popularly known as 'tax havens', are often controversial because of their aggressive no-tax schemes, freedom from legal hassle in creating "empty" companies Overview This booklet provides an overview of international trade finance and services activities. As with many newly introduced laws in Vietnam (in particular those in Recent publications on offshore structures, international investments, and financial strategies. Indeed, anecdotal evidence affirms the role of offshore markets We suggest a definition based on the legal and accounting, in addition to financial, aspects of offshore finance, and we propose the concept of global financial networks to situate offshore jurisdictions and offshore finance in the firm-territory nexus and in relation to global production networks. These activities include letters of credit, guarantees, acceptances, open account financing, other specialized trade financing, financial supply chain solutions, prepayment, advising, trade collections, bank-to-bank reimbursement services, insourcing/outsourcing trade processing, and hedging Offshore provides timely, actionable and relevant news and technical content for the offshore oil, gas and renewable energy industries throughout the world. Abstract Sovereignty, size and money are the three defining characteristics for the offshore financial centre in the Caribbean. Publications If you are interested in offshore methods of asset protection, privacy, investments, banking, insurance, business and related topics, you are invited to subscribe to The Offshore Journal, co-edited by Arnold Cornez, J. Jun 4, 2025 · Jun. This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Freshly Minted provides a weekly summary of marine deals in the market as well as high-level editorial content to ensure its subscribers are always in the know and up to date. Stay informed with our expert content. Related research topic ideas. Read our latest publications below. Until recently, the Taiwanese market was dominated by international developers and Nicholas Shaxson explains why the many billions attracted by tax havens do harm to sending and receiving nations alike, and how best to tackle this global economic challenge. Why? Unless you can account for hidden riches, it’s difficult to know how wide the disparities in wealth really are. www. The book also offers some suggestions as to what the future might hold for offshore finance. S. Oct 6, 2017 · This Selected Issues paper assesses the recent trends in The Bahamas’ offshore financial center (OFC) and their contribution to the real economy. We first detail a number of legal innovations instrumental to the | Find, read and cite all the research Publications Freshly Minted This regular digest provides short format updates from the worlds of shipping and offshore finance. Apr 3, 2016 · A giant leak of more than 11. He analyses the ongoing work of the Financial Stability Forum, the Financial Action Task Force, the International Monetary Fund, the World Bank, and the Organisation for Economic Cooperation and Development. ESG-linked financing and bond issuance, for instance, are often undertaken by banks, financial institutions and corporates which have certain capital or targets earmarked for green or sustainable projects, subject to Find company research, competitor information, contact details & financial data for OFFSHORE GUIDE PUBLICATIONS (PTY) LTD of RICHMOND, WESTERN CAPE. The top ten may vary slightly on a case by case basis depending on whether the operations are onshore or offshore. 1st, 12-1PM Coble Hall, 306, and on Zoom Description: In this talk, Prof. In the meantime, opportunities to invest in offshore wind energy developments are being created by government measures from Japan to India. Our global teams of offshore lawyers provide expert offshore legal advice to a wide range of public and private companies, financial institutions and private individuals. D. Therefore, the identification of OFC jurisdictions has become a politicized and contested issue. leading international financial institutions, such as Citi, have become essentially agnostic with respect to where their primary place of business is. This foundation then is used to outline the shape and extent of an ‘archipelago’ of This essay focuses on the murky financial realm known as ofshore finance. . Counterintuitively, however, offshore finance can also enhance state power. Here you can access all financial reports for investors and those interested in RWE and download them for further use. Together they form a unique fingerprint. The analysis is developed by first explicating the non-sovereign territory and the shape of sovereignty as experienced and practised in these territories. 4 Ofshore jurisdictions efectively cultivate two parallel legal regimes. This engrossing deep dive exposes how the shadowy global system of offshore finance fuels economic crises and austerity while also undermining democracy and the Offshore finance is a key driver of mounting inequality, the breakup of social contracts underlying welfare states, ecological disaster, financial crises and rising authoritarianism. ] Global Ratings Z/Yen first published the six-monthly Global Financial Centres Index (GFCI) in March 2007 with the support of the City of London Corporation. The Fed's selective central bank swap lines potentially reach a consistently high share of offshore dollar borrowing. As ever, more research is needed here. e. Contemporary offshore finance developed as capital globalized during the last half of the twentieth century. Citi is well established in financial centers throughout the world--wherever the regulatory system is, in our view, sufficiently developed to protect our interests and to foster investor confidence. Sep 13, 2017 · This measure follows legislation in Finance Act 2017 on taxation of offshore trusts with new anti-avoidance rules. Jan 11, 2018 · Some jurisdictions require offshore entities to hold specific amounts of domestic financial assets through capital and reserve requirements. The conflict at the centre of this study involves the attempt by a group of large developed countries to force small developing countries to change their domestic tax laws. More recently, China has been working with other financial centers including London and Singapore to promote offshore RMB businesses. Historical experience suggests that an active offshore market is essential for a global currency. , non-resident foreign currency denominated business, by allowing relatively free entry and by adopting a flexible attitude where taxes This issue of Economic and Financial Debates provides new insights on offshore financial centers (OFCs) and their role in the international financial system. The importance of these source of “levies” is limited given the intense tax competition to attract offshore banks and the need to separate onshore and offshore activities to limit contagion risk. Our evidence shows that, although providing cross-border tax-avoidance opportunities, offshore activities reduce the marginal benefits of tax avoidance by introducing incremental foreign-market risk exposure. (" Sable " or the " Company ") (NYSE: SOC) today, in its updated investor presentation, provided a strategic update to investors Apr 1, 2024 · We investigate the relation between tax avoidance and offshore activities using a new text-based measure for offshore activities based on Hoberg and Moon (2017, 2019). Yet it seems that for many economies hosting an offshore financial center is a lose-lose proposition: it not only transmits harm outward to other countries, but inward, to the host. Abstract Offshore finance is a major component of the international financial system. The article is dedicated to investigation of the place and role of offshore financial centers in financial globalization system, and of the reasons for using offshores in assets securitization mechanism. The Editor(s) (if applicable) and The Author(s) 2017 W. We first develop a statistical methodology to identify and quantify the importance of these OFCs as counterparties in the total of cross-border banking positions, based on international banking data. Where to Stash Your Cash Legally also discusses the personal, financial, and business strategies you can employ. Although Swiss Leaks, the Panama Papers, and recent disclosures from the offshore industry have revealed some of the intricate ways multinational firms and wealthy individuals use tax havens to escape paying their fair share, the offshore financial world remains highly opaque. Your advertising options on Upstream Upstream depends on being able to display ads on our services in order to finance our journalism. Offshore Financial Centers (OFCs) facilitate these structures through low taxation and lenient regulation, but are increasingly under scrutiny, for instance for enabling tax avoidance. Named one of the best books of 2024 by the New Yorker and the Financial Times, this eye-opening account of offshore finance reveals a secretive system making the rich richer while corroding democracy, capitalism and the environment. The Government and the State Bank of Vietnam (“ SBV ”) have issued the following key Recent publications on offshore structures, international investments, and financial strategies. Economic substance requirements have been enacted in all leading offshore financial centres in response to the EU Code of Conduct Group (Business Taxation) reports issued in June 2018. Central to these various publications, whether on illicit cap-ital, money laundering and terrorist finance, or on the offshore financial centre (OFC) as but one space in global flows of Rose-Marie Belle Antoine is Professor of Labour Law and Offshore Financial Law, University of the West Indies, Cave Hill, Barbados, and is a commissioner on the Inter-American Commission on Human Rights, Washington, DC. Looking first at the international harmful tax competition project begun in 1998, the book then Why do assets get shifted offshore? More generally, why do offshore financial centers exist? We begin our study by showing that OFCs are created to facilitate bad behavior in source countries such as tax evasion and money laundering. Progress reports have been issued to the Board annually, the most recent 1 day ago · HOUSTON, November 03, 2025 -- (BUSINESS WIRE)--Sable Offshore Corp. and Exxon Mobil Corporation announced an amendment to their senior secured term loan, raising the interest rate to 15% per annum and extending the Feb 14, 2019 · The offshore financial and legal space has long been recognised for its efficient and flexible structures to facilitate overseas investment, and it can also play a key role in developing successful structures for fintech businesses. Jan 1, 2020 · PDF | In this chapter, we unpack the mechanisms and players shaping offshore finance. The chapter aims to evaluate different Feb 3, 2025 · A planned special issue of Socio-Economic Review aims to explore the past, present, and future of offshore finance. India – the world’s most established business process ABSTRACT. Most of the activity to date has been in Taiwan. Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments. Oct 21, 2025 · Offshore Wind Journal reports on every aspect of the offshore wind industry, from policy to projects, turbines to technology and the supply chain to offshore wind vessels. NREL has verified and sourced data from the following publications: The 4C Offshore Wind Database (4C Offshore 2024) Bloomberg New Energy Finance (BNEF) Renewable Energy Project Database (BNEF 2023) 4C Offshore Vessel Database (4C Offshore 2024) Wood Mackenzie Wind Turbine Trends (Wood Mackenzie 2023b). Dec 12, 2019 · A panel talked about the current market for financing offshore wind projects in the United States. Scholarly publications with full text pdf download. It proposes that there has long been concern over the illegitimate uses of offshore financial centres and that the continuing 2 days ago · Global CPA firms increasingly view offshore accounting partnerships not merely as a cost-saving move, but as a strategic response to talent shortages, seasonal workload pressures, and rising demands for digital finance capabilities. Despite a sharp contraction in the size of the offshore sector, the direct impact on the real economy appears to Jun 23, 2000 · Offshore finance is, at its simplest, the provision of financial services by banks and other agents to non-residents. The Dec 8, 2020 · A number of key factors and trends will influence how the offshore wind market develops in Asia over the next decade. Using new financial secrecy indicators and leaked data, it traced how shell companies are used to move illicit funds across borders. Our multijurisdictional solicitors, attorneys and lawyers are regularly recognised for their professionalism, integrity and excellent client service. After the recent global financial crisis, the efforts on widening and deepening the offshore RMB market have been intensified. It provides a number of legal innovations instrumental to the rise of the global offshore system. Sep 26, 2025 · Islands of Exception: Law, Empire, and Offshore Finance in the Caribbean Jose Atiles (Sociology, UIUC) Wednsday, Oct. com May 15, 2024 · Summary: Dollar borrowing outside the United States has over generations grown to be very large, with US policy providing some inducement and, in critical episodes, support. By offering Dec 8, 2020 · Five key players in financings of US offshore wind projects talked at the annual offshore wind conference organized by the American Wind Energy Assoc Apr 5, 2000 · Report of the Working Group on Offshore Financial Centres 5 April 2000 This is a report from the ad hoc working group established in April 1999 under the Chair of Mr John Palmer, Superintendant of Financial Institutions in Canada, to: consider the implications of offshore financial centres (OFCs) for global financial stability; evaluate the adherence of OFCs with internationally accepted Key Takeaways The U. This allows us to establish a list of Is offshore banking a safe haven for assets or a risky gamble in today's transparent world? Explore the benefits, risks, and future of offshore finance. The 2025 Global Offshore Wind Report highlights emerging trends, technological advancements, investment patterns, and more to offer insights into the sector’s expansion and its role in the global energy transition. 5 million financial and legal records exposes a system that enables crime, corruption and wrongdoing, hidden by secretive offshore companies. The topics included the recently concluded financing for Vineyard Wind, the financing plans for the other two projects and how the "Build Back Better" plan The Office of the Comptroller of the Currency's (OCC) Comptroller's Handbook booklet, "Trade Finance and Services," is prepared for use by OCC examiners in connection with their examination and supervision of national banks, federal savings associations, and federal branches and agencies of foreign banking organizations (collectively, banks). A series of offshore financial centers (OFCs) have arisen, clustered particularly in the Caribbean, Europe, and the Pacific, serving transnational corporations and the super-rich. Offshore finance limits state power by transmitting the volatility of unregulated offshore banking into the domestic economy. It shows that ofshore finance is not solely about capital moving beyond the reach of states, but involves the rampant Purpose The paper aims to highlight the relationship between money laundering and banking confidentiality in offshore financial centres – particularly following the recent publicity and BBC expose surrounding the criminal use of offshore financial centres. OFCs provide an alternative avenue for capital to be invested (literally) in offshore markets. 4, 2025 Back to Event Page BACK TO TOP PUBLICATIONS Marine Money Magazine Freshly Minted Marine Money Asia Offshore Financial Center (OFC) A jurisdiction that has a deliberately less-regulated and less- (or un-) taxed financial sector and offers a range of financial services (corporate and personal banking, insurance, securities, financial management, trusts, and so on). Offshore finance is a central feature of the world economic system, acting as a repository for at least $12 trillion in private wealth—equivalent to 12 percent of global GDP—and serving as a conduit for billions each year in asset flows for corporations and individuals. Jun 15, 2022 · Whilst a number of provisions introduced by the Draft Circular – such as mandatory currency hedging requirements – will likely make some offshore lenders' credit committees sleep better at night, other provisions such as an 8% borrowing cost cap will be difficult for credit funds and mezzanine lenders to accept. Explore risk-sharing mechanisms that makes offshore wind projects in the Philippines more commercially viable and attractive to developers, financial institutions, and government agencies. This blog provides the top ten must-have publications for your oil and gas accounting and finance library. By offering Throughout the year, we analyse a number of topics to provide expert insight into the world of offshore transaction and court decisions. The upshot: Implications for offshore wind A rapid increase in financing costs without a corresponding reduction in costs or increase in wholesale prices could cause difficulties in securing finance, particularly via the project finance route. Jan 1, 2017 · Central to these various publications, whether on illicit capital, money laundering and terrorist finance, or on the offshore financial centre (OFC) as but one space in global flows of investment The People's Republic of China (PRC) has been quite aggressive recently in promoting the international use of its currency, the renminbi. The amount of wealth stashed in offshore tax havens has big implications for inequality. 1057/978-1-137-56181-7_1 1 Nov 29, 2023 · Green and sustainable finance has been expanding rapidly as investment decisions are increasingly taking into account environmental, social and governance (ESG) factors. Feb 1, 1998 · The globalization of the world economy and the concomitant increasing complexity of the global financial system has resulted in a large number of relatively small places functioning as offshore financial centers (OFCs). By countering dollar runs on non-US banks, the Fed supplied the global public • In Poland, the Offshore Wind Sector Deal acts as a permanent cooperation platform between government, offshore wind developers and operators, the financial sector, supply chain representatives, and scientific and research institutions. These services include the borrowing of money from non-residents and lending to non-residents. The small literature of relevance leaves little doubt that offshore financial centers May 15, 2024 · Key findings: In 2008 and 2020, the Fed served as a powerful international lender of last resort, stabilizing the huge offshore dollar market and making its monetary policy effective. In this guide, we share everything you need to know about offshore banking. So economists led by Berkeley’s Gabriel Zucman decided to find out who owns the wealth in tax havens. It shows that ofshore finance is not solely about capital moving beyond the reach of states, but involves the rampant unbundling and commercialisation of state sovereignty itself. Dec 11, 2020 · COPAS has many publications vital to onshore and offshore operations in the oil and gas industry. Get the latest business insights from Dun & Bradstreet. Each bank is different and may Our regulatory enforcement experts share their predictions on three hot topics to watch for the future of offshore financial services regulatory disputes. khfq u3cwi kwo1z yqoxb7w z32fi aavzm4b lrab tj qrr b0tbf19q