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Ireland is a top-five conduit OFC, the largest global tax haven, [1] [2] and the third-largest OFC shadow banking centre. [3] An offshore financial centre (OFC) is defined as a "country or jurisdiction that provides financial services to nonresidents on a scale that is incommensurate with the size and the financing of its domestic economy." [a] [4]
Many of these countries, while retaining strong British English or American English influences, have developed their own unique dialects, which include Indian English and Philippine English. Chief among other native English dialects are Canadian English and Australian English, which rank third and fourth in the number of native speakers. [4]
Jersey-based financial organisations provide services to customers worldwide, including multi-currency banking, offshore mortgages and investment solutions. It is home to banking organisations from across the globe. [4] In June 2020, it was reported that there were 13,450 jobs within this sector. [6]
Offshore financial centre, a term synonymous with a tax haven; Conduit and sink OFCs, a categorisation of offshore financial centres/tax havens; Optional federal charter, a proposal to streamline and simplify US insurance regulation; Ottawa Folklore Centre, a former instrument and music store in Ottawa, Canada
Language portal; This category contains both accents and dialects specific to groups of speakers of the English language. General pronunciation issues that are not specific to a single dialect are categorized under the English phonology category.
A report published in Nature in 2017 on the analysis of offshore financial centres called: "Uncovering Offshore Financial Centers: Conduits and Sinks in the Global Corporate Ownership Network", [4] provided a quantitative and scientific approach to the classification of tax havens. [34] [35] [1] [3]
Offshore financial centre From the plural form : This is a redirect from a plural noun to its singular form. This redirect link is used for convenience; it is often preferable to add the plural directly after the link (for example, [[link]]s ).
In April 2000, the FSF–IMF listed Ireland as an offshore financial centre ("OFC"), based on criteria which academics and the OECD support. [31] The Irish State has never refuted the OFC label, and there are Irish State documents that note Ireland as an OFC. Yet, the terms OFC and "tax haven" are often considered synonymous. [32] [33] [34]