While the confidentiality of offshore banks has become almost legendary, to promise absolute privacy and anonymity is still possible. All financial institutions in the world have the unconditional obligation to provide information to facilitate the investigation of serious criminal offenses. Among these, of course, include terrorism (the phenomenon of the last time), money laundering and drug trafficking.
However, in most cases, the absence of irrefutable accusation of a crime of depositor jealously guarded. Offshore banks are designed to provide the highest degree of confidentiality and legal protection of investor information. This aspect deserves special attention when it comes to protecting the assets of the domestic proceedings and processes of civil law such as divorce or contest your rights to the property. In the interests of the bank had not included the disclosure of any confidential information was a depositor, and in cases where banks have to do it, they always go at it very reluctantly and only after the requesting governmental authorities of certain stringent requirements. Any suspicion of leaking information or breach of confidentiality is applied to a loss of confidence on the part of potential owners of bank accounts and the banks would lose a significant share of their business.
An even higher level of anonymity and confidentiality can be achieved through other mechanisms, asset management, such as international business companies (IBC), or offshore trusts , although they found and properly manage them more complicated than just opening a bank account.
The aim of everyone who wants to open an offshore account to be achieving a balance between security of assets, anonymity, reliability and affordability.
No comments:
Post a Comment