Offshore booking and offshore booking [hyphenated] [unsightly] offshore business activity

The settlement of transactions not within one’s own currency area, but via offshore financial centers (a financial center outside the own country used by banks to book certain deposits and loans, often with the aim to avoid regulatory restrictions and taxes). This may even completely – thwart the policy of the domestic central bank. The supervisory authorities therefore counteract such handling. – See Supervision, Indirect, Eurodollar Time Deposits, Counterfeit, International Business Company.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/