YPFP operates several focused series designed to provide a platform for more nuanced discussion of key foreign policy issues. Read More
YPFP & Allen & Overy LLP: The International Politics of Offshore Finance
YPFP London & Allen & Overy LLP: The International Politics of Offshore Finance
When: 7pm on Monday, 16 September 2013
Where: Allen & Overy LLP, One Bishops Square, London E1 6AD
Coined in the 1980s, the term "Offshore Financial Centre" has been the focus of much debate as jurisdictions providing financial services to non-residents have proliferated in the last thirty years. Looking beyond the mists of banking secrecy and beneficial taxation associated with financial transactions using offshore vehicles, join us to discuss the purposes - legitimate or questionable - for using OFCs, their popularity and impact on cross border finance and policy.
YPFP is proud to host our excellent panel to discuss key issues in the political, legal and moral debate raised by the use of offshore financing structures and OFCs. Our panellists are:
Mr. Richard Murphy, tax expert and chartered accountant whose pathbreaking advocacy efforts through the Tax Justice Network and Tax Research LLP for financial transparency have earned much attention. Described as anti-poverty campaigner, Mr. Murphy has been a significant force in putting issues relating to tax havens on national and international policy agendas.
Mr. Richard J. Hay, Partner at Stikeman Elliot and expert in international tax advising on regulatory and political risk for a range of clients including the International Financial Centres Forum (established to provide information on small International Financial Centres). Mr. Hay was a lead private sector adviser on G8 policy proposals on tax transparency for the recent G8 Heads of State summit in June 2013.
Ms. Vanessa Houlder, Tax Correspondent at the Financial Times. Ms. Houlder has written and reported prolifically, including on significant business and taxation issues in the last year which fuelled a spike in public interest in corporate tax structures and a range of government responses internationally.
Mr. Jorge Morley-smith, Director of Tax at the Investment Management Association (IMA). The IMA represent the UK investment management industry, with its members being funds and advisors who manage more than £4.5 trillion assets on behalf of UK and overseas clients. Mr. Morley-Smith leads IMA’s work on tax including working with tax administrations and government on new tax initiatives affecting the investment management sector. He currently chairs the European Fund and Asset Management Association (EFAMA) working group on the EU proposals for a Financial Transactions Tax (FTT) and is part of HMRC’s Stakeholders’ Working Group on FATCA Implementation, amongst other bodies.
The discussions will be followed by a drinks reception kindly hosted by our sponsors, Allen & Overy LLP's Global Law Intelligence Unit