It is important to choose the offshore jurisdiction where someone wishes to establish his offshore bank account.
The majority of the offshore jurisdictions offer adequate and prudent rules for maintaining the confidentiality of the account holder and the safeguarding of deposits. Some will offer more security, while others more privacy, and some, such as Switzerland, both.
Some popular, poorly organized and poorly regulated jurisdictions are manipulated and used by illicit depositors. These jurisdictions have naturally become prime targets of the FATF (Financial Action Task Force) looking for money laundering money or any other criminal activity.
We offer accounts in Dubai and Switzerland.