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Offshore financial centres have both the sovereign right and the moral right to insist that information exchange be limited to matters of common criminality and governed by due legal process for the protection of both their own residents and citizens and their own economic interests. There is nothing wrong, immoral or unnatural about sovereign countries competing for investment by offering differing legal and economic regulatory systems.

Type

Journal article

Journal

Pacific Economic Bulletin

Publication Date

01/01/2002

Volume

17

Pages

63 - 78