French, U.S., and Spanish Finance Minister Calls for Punitive Action Against Offshore Centers

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Sunday, August 1, 1999

Author:

Bruce Zagaris

Volume:

15

Issue:

8

325-327

Abstract:

On June 23, 1999, the French Finance Minister Dominque Strauss-Kahn called for punitive action against offshore financial centers. According to Mr. Strauss-Kahn, most of the world’s criminal money goes through such centers. The Finance Minister signaled out Antigua and Barbuda, the Cayman Islands, and the Marshall Islands... [more]