The role played by offshore financial centres (OFCs) in shaping global finance is significant and impacts upon private credit transactions in much the...
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Maroc - HARNEYS.COM - A La Une - 09/Sep 18:15
The role of offshore financial centres in global private credit – what makes the offshore world so appealing for private lenders and borrowers?
The role played by offshore financial centres (OFCs) in shaping global finance is significant and impacts upon private credit transactions in much the same way that it does traditional institutional lending. OFCs such as the British Virgin Islands (the BVI), the Cayman Islands and Anguilla add undeniable value to the international financial system and are widely known for their tax neutrality, business-friendly and well-regulated environment, well established legal systems and financial institutions as well as their efficient financial services.
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