Christensen, who has previously worked in Jersey's banking sector
Christensen used to be the Economic Adviser to the
States of Jersey
and he told me he resigned over the way that Price Waterhouse and Ernst & Young got the Jersey LLP legislation through this largely unelected Corporacy.
Globalisation and its discontents: accounting firms buy Limited Liability Partnership legislation in Jersey
You couldn't make it up.... "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
EUROPE: Tax Havens Cheating the Poor
According to Christensen, Britain is one of the main culprits in attracting capital flight by leaving financial services companies in the City of London to a significant extent unregulated. "The City of London is the biggest tax haven in the world," he said. "Britain is very happy to attract capital out of Africa, Asia and Latin America. And the City of London is not asking was this capital the proceeds of crime, embezzlement or fraud."
