Special Focus On The Republic Of Mauritius
"Offshore Business" – A UN Perspective
"Offshore finance is an essential and characteristic element of the contemporary world financial system. It is also something that will continue to be a part of a vibrant and expanding global economy. The real issue, therefore, is not to issue blanket condemnations or make efforts to eliminate bank secrecy and offshore financial services, but to ensure that the legitimate uses of these facilities remain available, while making it much more difficult to use them directly for criminal activities or for laundering the proceeds of drug trafficking and other such forms of organised crime. The objective is not to create total transparency, such an objective is not realistic."
