Liechtenstein Geared Up For Money Laundering Ramifications

tax       2000-06-13 
In recent months, the reputation of Liechtenstein as an offshore financial centre has been tarnished by the arrest of many of its citizens on money laundering charges and, despite announcing details last month of new money laundering legislation, which is to come into force at the beginning of 2001, this small country is girding itself for yet more trouble ahead.