21 March 2012, 9.30-13.00
"Tax and financial havens: a threat to the EU's internal market"
Rue Van Maerlant 2, 1040 Brussels
"Tax and financial havens" are territories where lax regulations allow the operation of financial institutions and companies of all type.
The lack of fiscal controls, the existence of weak prudential supervision rules, the opacity of information for the identification of individuals and legal entities, or any other circumstance of a legal or administrative nature, may explain that businesses operating from these territories enjoy almost total impunity and have intolerable competitive advantages, and immunity against the actions of judicial and administrative authorities of third countries.