OECD Tax expert starring in offshore conference

(CNS): Next year’s Offshore Alert conference is likely to draw a considerable amount of attention this year from Cayman delegates as Jeffrey Owens (left), Director of the Center for Tax Policy & Administration at the OECD, has agreed to give the Keynote address. According to David Marchant the organizer and publisher of the Offshore Alert newsletter, these are tough times for Offshore Financial Centres with even the Vatican coming out against them.

Marchant said he expects the 7th Annual OffshoreAlert Financial Due Diligence Conference to be particularly busy one as more than ever as people need to know what's acceptable internationally to prosper in the economic downturn.

“Building on nearly 12 years of exposing serious financial crime, we've constructed a programme that will people do business legally, profitably and with reduced risk,” he said. “Our programme addresses the hot issues in the world of offshore finance.”

Owens, Head of Tax at the OECD, will explain how to adapt to the new political realities with the world's major countries and political organizations having upped their assault on OFCs.

As a US Senator, Barack Obama co-sponsored the 'Stop Tax Haven Abuse Bill' the conference will also examine what are his plans are for those working in the business?

The tax investigations into Switzerland's UBS and Liechtenstein's LGT Bank and their clients will be examined and a look at the new boom area of 'Insolvency & Asset Recovery' will reveal how to legally profit from financial crime – and help victims in the process.

As ever  a number of topical issues ill be discussed such as issues surrounding compliance legislation; Know Your Customer databases; How to Identify & Evaluate Risk in complex financial transactions: Which Offshore Insurance Products are legal – and which are not; the latest legal, regulatory & product developments in the world's leading OFCs

Marchant said anyone in the business worried about surviving the economic crisis and political onslaught shouldn’t be deterred by the current in the end everyone has to keep doing business with the outside world. To help with business overheads however he is offering an  Early Bird Discount for anyone register by Friday, 30 January and OffshoreAlert Subscribers and Government Workers receive an additional $200 discount. The 7th Annual OffshoreAlert Financial Due Diligence Conference will be held at the Eden Roc Resort & Spa, in Miami Beach, Florida on 26-28 April 2009.

For more information log on at www.OffshoreAlertConference.com