| Offshore banking has always been surrounded | | | | But is this a correct description of offshore |
| with an aura of mysticism with rich and often | | | | banking? Is offshore banking really that bad? |
| criminal people hiding their assets on a far away | | | | The definition of offshore banking and an offshore |
| island where no taxes are being paid. The media is | | | | bank |
| full of stories where offshore banking and | | | | The term 'offshore bankingâ originates |
| criminality are tightly associated and in the movies | | | | from Europe and the Channel Islands; a couple of |
| it is always the bad guys who are using offshore | | | | islands that are situated in the English Channel |
| accounts. For a bad cause of course. Personally, I | | | | between England and France. The Channel Islands |
| cannot remember one single movie where the | | | | were by definition âoffshoreâ |
| good guys where the ones using an offshore | | | | from England and the rest of the United Kingdom. |
| company or an offshore bank account. | | | | |