Guernsey would welcome moves to improve transparency across the global financial services industry, according to Guernsey Finance chairman Lyndon Trott.
His comments come after 11.5 million files were leaked to journalists from more than 80 countries from the database of the Panama-based law firm Mossak Fonseca (see eprivateclient 04/04/2016).
Following the leak, labelled as the ‘Panama Papers’, there have been reports that UK Prime Minister David Cameron will come under pressure to crack down on ‘offs...