An Honest Discussion About The BVI

Transparency International's Max Heywood recently posted an article on TI's website asking if the British Virgin Islands -- from where I operate a cross-border fraud and asset recovery law firm -- has "cleaned up" since the publication of the so-called Panama Papers.

I regularly extoll the virtues of Transparency International. Its efforts to expose and raise awareness of the pernicious nature of grand corruption are laudable. However, despite my support for what it stands for, I have also been critical of TI when several of its number have sought to oversimplify the world of offshore companies. In doing so, they seek to make what strikes me as being politically-inspired (in contrast to fact-based) criticism.