From Comment

How Should the British Offshore World Respond to a Crisis of Reputation?

In reality, the battle for perception isn't being lost; it isn't really being fought. There's been a one-sided ’debate’. NGOs (like Oxfam and Christian Aid) and activists (like Tax Justice Network and the International Consortium of Investigative Journalists) have had the debating floor to themselves. They've convinced most of the Western world that the British ’tax havens’ are responsible for billions of pounds of lost tax revenues and even the deaths of children in Africa. Whatever the offshore world thinks, the Panama Papers and the Paradise Papers have persuaded Governments and regulators that things haven’t improved sufficiently.

IFCs Working Together versus I…