Sanctions threat to 'opaque' tax haven

UK - The government is considering imposing sanctions on Jersey, one of the Channel Islands, if it fails to comply with international action to force tax havens to improve financial transparency.

Government officials are privately urging Jersey to fall into line by the deadline of 28 February set by the world's leading industrialised countries.

The official pressure on Jersey reflects anxiety in the Treasury about potential embarrassment for Gordon Brown, chancellor of the exchequer, who has

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: