Banking in the Shadows - A Trip to Jersey
The British Channel Island of Jersey is a major European tax haven. Over $500 billion of client money is hidden on accounts in Jersey to evade and avoid taxes.
Campaigners visited Jersey in March 2009 to expose the impacts of tax havens on the lives of ordinary people around the world - people who pay their taxes and carry the burden of tax evaders. On a walking tour of Banking offices, citizens from across Europe spoke about the institutions' support for corrupt and unethical practices.
They wanted politicians to take action against tax havens like Jersey. Two weeks after this tour, G20 leaders met in London and agreed to take action. But their proposals were weak and did little to help not least in small islands like Jersey which have seen traditional industries swept aside by tax haven activity. Tax Justice has risen inexorably up the international agenda sinc this film was made, but much remains to be done to close tax havens and secure public finances - internationally.
In addition to Full Video of Walking Tour of Banks in Jersey's Financial District I also documented the