So, I was not surprised when I read their latest article on the coming Commons Treasury Select Committee investigation into the offshore financial services industry. The article is dismissive of our interests to an extreme. They seem to think that we are responsible for destabilizing the global economy!
Still, it is useful to familiarize yourself with the rhetoric of your opponents. That way, you know in advance what is coming.
The Commons Treasury Select Committee is similar to the Foreign Affairs Committee, whose Seventh Report is presently so much under discussion in Anguilla at the present time among the better informed of our citizens. It is a political committee. Its members consist of Members of Parliament. It is not a committee of bureaucrats. It does not represent the interest of the British Treasury Department. It represents the oversight of the Treasury Department, and
So, we learn that the committee plans to call witnesses from the overseas territories as part of its inquiry. Additionally, members of the committee are visiting Jersey and the
What about us? Will anyone from our private sector attempt to protect our industry. Has AFSA surveyed its members to ascertain what percentage have ‘know your customer’ procedures? Will anyone in the public sector attempt to defend their role and function? What is the
Will we point out that there are at least two reasons why there are so few suspicious activity reports filed in
The two main stories on the home page today relate to fraudulent complicity of
And, they have the impertinence to accuse us!