Countries with Bank Secrecy stimulate War, Corruption, Crime...

Simple, common logic:

  1. War, Corruption and Crime are basically financed by Black Money;
  2. Black Money is hidden on or retrieved from Secret Bank accounts;
  3. Countries with Bank Secrecy, like Switzerland and England, thus, allow and stimulate War, Corruption and Crime.

Western leaders look at Africa and blame their leaders for corruption but they don’t recognise that the systems we’ve put in place – above all the tax havens jurisdiction economy – are an open invitation to criminal behaviour, fraud, tax evasion, embezzlement, and non-disclosure. - John Christensen, director of the Tax Justice Network

Bank secrecy masks a world of crime and destruction (the Guardian)
- Offshore tax havens promote corruption (Tax Justice Network)

 

The United Kingdom (with dependencies) is the country,
that most allows and stimulates War, Corruption and Crime on the planet.

Country Ranking of Financial Secrecy 2013 according to Tax Justice Network
The sum of UK + dependencies make it the #1 Bank Secrecy and Tax Haven country.
(Links open corresponding pages at FinancialSecrecyIndex.com)

RANK Secrecy Jurisdiction FSI - Value4 Secrecy Score5 Global Scale Weight6
1 Switzerland2 1,765.2 78 4.916
2 Luxembourg2 1,454.4 67 12.049
3 Hong Kong2 1,283.4 72 4.206
4 Flag  Cayman Islands1,2 1,233.5 70 4.694
5 Singapore2 1,216.8 70 4.280
6 USA2 1,212.9 58 22.586
7 Lebanon2 747.8 79 0.354
8 Germany2 738.3 59 4.326
9 Flag  Jersey1,2 591.7 75 0.263
10 Japan2 513.1 61 1.185
11 Panama 489.6 73 0.190
12 Malaysia (Labuan)3 471.6 80 0.082
13 Bahrain2 461.1 72 0.182
14 Flag  Bermuda1 432.3 80 0.061
15 Flag  Guernsey1 419.3 67 0.257
16 United Arab Emirates (Dubai)2,3 419.0 79 0.061
17 Canada2 418.5 54 2.008
18 Austria2 400.8 64 0.371
19 Mauritius1 397.8 80 0.047
20 Flag  British Virgin Islands1,2 385.4 66 0.241
21 Flag  United Kingdom1,2 361.3 40 18.530
22 Macao 360.4 71 0.108
23 Marshall Islands 329.6 82 0.022
24 Korea 328.7 54 0.978
25 Russia 325.2 60 0.318
26 Barbados 317.4 81 0.021
27 Liberia2 300.8 83 0.014
28 Seychelles 293.4 85 0.011
29 Brazil2 283.9 52 0.768
30 Uruguay2 277.4 72 0.040
31 Saudi Arabia 274.2 75 0.028
32 India 254.5 46 1.800
33 Liechtenstein 240.9 79 0.011
34 Flag  Isle of Man1 237.2 67 0.049
35 Bahamas1 226.8 80 0.009
36 South Africa 209.7 53 0.260
37 Philippines 206.6 67 0.033
38 Israel2 205.9 57 0.132
39 Netherlands2 204.9 50 0.430
40 Belgium2 199.2 45 1.031
41 Cyprus 198.9 52 0.264
42 Dominican Republic 193.7 73 0.012
43 France 190.9 41 2.141
44 Australia2 168.1 47 0.394
45 Vanuatu 164.9 87 0.002
46 Costa Rica 157.6 71 0.008
47 Ireland2 155.5 37 2.646
48 New Zealand 151.4 52 0.126
49 Flag  Gibraltar1 147.8 79 0.003
50 Norway2 142.7 42 0.667
51 Guatemala2 142.4 77 0.003
52 Belize 129.8 80 0.002
53 Latvia 128.1 51 0.090
54 Italy 118.9 39 0.748
55 Aruba2 113.3 71 0.003
56 Spain 111.3 36 1.504
57 Ghana2 109.9 66 0.005
58 Curacao2 106.4 77 0.001
59 US Virgin Islands 102.8 69 0.003
60 Botswana2 98.9 73 0.002
61 Flag  Anguilla1 96.7 76 0.001
62 St Vincent & the Grenadines1 85.1 78 0.001
63 Flag  Turks & Caicos Islands1 81.8 78 0.000
64 Malta 78.0 44 0.079
65 St Lucia1 66.8 84 0.000
66 Denmark 63.1 33 0.605
67 Antigua & Barbuda1 60.4 80 0.000
68 San Marino 59.5 80 0.000
69 Portugal (Madeira)3 57.9 39 0.092
70 Grenada1 55.7 78 0.000
71 Sweden 55.7 32 0.440
72 Hungary 54.6 40 0.056
73 Brunei Darussalam1 50.6 84 0.000
74 Andorra 43.3 76 0.000
75 Monaco 38.8 75 0.000
76 Samoa 31.0 88 0.000
77 Dominica1 26.9 79 0.000
78 Cook Islands1 25.2 77 0.000
79 Maldives 21.0 79 0.000
80 St Kitts & Nevis1 18.4 80 0.000
81 Nauru 0.0 79 0.000
82 Flag  Montserrat1 0.0 74 0.000

 

Footnote 1: The territories marked in Dark Blue are "overseas territories" (OTs) and "crown dependencies" (CDs) where the Queen is head of state; powers to appoint key government officials rests with the British Crown; laws must be approved in London; and the UK government holds various other powers (see here for more details). Those marked in light blue are those British commonwealth territories which are not OTs or CDs but whose final court of appeal is the Judicial Committee of the Privy Council in London (see here for more details). If the Global Scale Weights of just the OTs and CDs were added together (24% of global total), and then combined either with their average secrecy score of 70 or their lowest common denominator score of 80 (Bermuda), the United Kingdom with its satellite secrecy jurisdictions would be ranked first in the FSI by a large margin with a FSI score of 2162 or 3170, respectively (compared to 1765 for Switzerland). Note that this list excludes many British Commonwealth Realms where the Queen remains their head of state.
[In other words, the Queen of England - richest person of the world in assets - is the last and final person, responsible for allowing the existence of Bank Secrecy in the Commonwealth OTs and CDs - feel free to continue this train of thought, applying common logic.]
Footnote 2: For these jurisdictions, we provide special narrative reports exploring the history and politics of their offshore sectors. You can read and download these reports by clicking on the country name.
Footnote 3: For these jurisdictions, we took the secrecy score for the sub-national jurisdiction alone, but the Global Scale Weight (GSW) for the entire country. This is not ideal: we would prefer to use GSW data for sub-national jurisdictions - but this data is simply not available. As a result, these jurisdictions might be ranked higher in the index than is warranted.
Footnote 4: The FSI is calculated by multiplying the cube of the Secrecy Score with the cube root of the Global Scale Weight. The final result is divided through by one hundred for presentational clarity.
Footnote 5: The Secrecy Scores are calculated based on 15 indicators. For full explanation of the methodology and data sources, please read our FSI-methodology document, here.
Footnote 6: The Global Scale Weight represent a jurisdiction's share in global financial services exports. For full explanation of the methodology and data sources, please read our FSI-methodology document, here.