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This feature is not available right now please try again lateroffshore financial centers are criticized for everything from facilitating money laundering to lax regulation yet these jurisdictions play an important positive role in the international legal system that is rarely recognized by providing a different type of competitor in the market for law in offshore financial centers and regulatory competition a group of leading international law and finance experts argues that offshore jurisdictions have become key players in corporate finance and captive insurance marketsget this from a library offshore financial centers and regulatory competition andrew p morriss offshore financial centers ofcs have a troubled reputation for enabling tax evasion money laundering autocratic looting and even the financing of terrorism but they play an essential role in the get this from a library offshore financial centers and regulatory competition andrew p morriss it is curious that governments want to regulate private monopolies but at the same time seek a monopoly of regulation economic theory and evidence suggest that regulatory competition delivers

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