It's a hunch, but I suspect that London is a pretty good place to be if you want to find ways of hiding money. Jersey and Man aren't too far away either. If I was a wealthy immoral Brit, that's probably where I'd be putting my money. If I were an autocrat stealing from my own people, however, I'd be keeping the money as far away from Western scrutiny as possible. Not because we're "better," but because it's quite possible we'll take the money if we find it.
The disclosure rules for BVI, Panama, etc are far less though. If you have a company in the UK it's some effort to hide who the owners are, etc and it's becoming ever more difficult with AML, KYC, etc
In Panama they've made an industry out of offering that as a service.
It's a hunch, but I suspect that London is a pretty good place to be if you want to find ways of hiding money. Jersey and Man aren't too far away either. If I was a wealthy immoral Brit, that's probably where I'd be putting my money. If I were an autocrat stealing from my own people, however, I'd be keeping the money as far away from Western scrutiny as possible. Not because we're "better," but because it's quite possible we'll take the money if we find it.