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Welcome to OFFSHORE WATCH. Almost everyone's pensions and savings now pass through the offshore havens that have sprung up since the 1960s. These offshore havens are highly secretive and encourage wealthy individuals and transnational corporations to avoid paying taxes in the countries in which they live and operate. All over the world, the press and regulators frequently report that the offshore havens are associated with money laundering, drug trafficking, smuggling, tax evasion and other forms of organized crimes. Many of these havens are UK Crown Dependencies. Successive British government have turned a blind eye to the affairs of the Channel Islands , the Isle of Man and other dependencies. 

AABA has provided a forum for discussion and analysis of Offshore havens. Your contribution is most welcome. It should be submitted electronically and sent to Prem Sikka (prems@essex.ac.uk) or to John Christensen (john@taxjustice.net). John is a former economic adviser to the government of Jersey.

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