||[Dec. 7th, 2018|01:19 am]
The Spider’s Web: Britain’s Second Empire, is a documentary film that shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions, and Britain and its offshore jurisdictions are the largest global players in the world of international finance. But, as the world of offshore finance grew, so too did the inherent corruption that secrecy and unaccountability breed.