blacklist

The Panamanian government has warned of retaliatory measures after France announced it will put Panama back on a tax haven blacklist.

A political row has erupted over the French government’s announcement this weekend that it had removed Jersey and Bermuda from its official blacklist of ‘uncooperative’ tax havens. The decision has infuriated leading figures among the socialist majority in parliament, while Green party anti-corruption campaigner and former examining magistrate Eva Joly denounced the “trembling hand” of a government that had buckled under “the pressure of big corporations”. Mediapart has learnt that French foreign affairs minister Laurent Fabius had advised that the move, decided by finance minister Pierre Moscovici, was “politically inopportune”. Lénaïg Bredoux reports.

A delegation from Jersey visited the French ambassador to London in an attempt to have the island removed from France's tax blacklist.

French tax authorities have added Jersey, Bermuda and British Virgin Islands to their blacklist of 'uncooperative' tax havens in world.