The Caribbean Community (CARICOM) has expressed concern that the “tax havens” label is again being attached to the financial services centres in member states, following the leak of the so-called Panama Papers.
In a statement issued yesterday, CARICOM said the loose use of the designation ignores the reality that the regulation of this sector in the region is fully compliant with international standards.
READ MORE: http://www.caribbean360.com/business/caricom-concerned-tax-havens-label-wake-panama-papers-leak