Again, when we look at both the Cayman Islands and Barbados, from an information-sharing standpoint, their compliance with OECD standards, I wouldn't define them as tax havens.
On March 21st, 2013. See this statement in context.
On March 21st, 2013. See this statement in context.
Deputy Chief Anti-Money Laundering Officer, RBC Royal Bank
Again, when we look at both the Cayman Islands and Barbados, from an information-sharing standpoint, their compliance with OECD standards, I wouldn't define them as tax havens.
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