Offshore banking legislation

There are many things that are very similar notwithstanding in which offshore jurisdiction the bank operates, and comparing this part of legislation would be quite senseless. At first, this regards internationally standartised anti-money laundering measures such as:

However, each country has one or several basic laws to carry out the regulation of offshore banking industry that describe very important principles regarding:

This part of banking legislation is more individual for each jurisdiction and, being directed by a professional specialising in the legislation of the country of residence and that of some particular offshore jurisdiction, a potential customer of the offshore bank has to compare the legislations and choose the jurisdiction that by means of its legislation protects his interests more effectively. Here, for general overview with this vast issue, we will describe some interesting points of one or another jurisdiction.