I had posted comments in the Transperancy International Blog about the ratings assigned to Switzerland and the need to give negative ratings for such countries, which promote secret investments. While acknowledging my remark, one Mr.Neumann referred me to the Financial Secrecy Index developed by Tax Justice Network.
Initially, I was under the impression that in the entire world, only Switzerland entertains such secret investments. But, I was surprised to know a lot many countries entertain such investments. USA (Delaware) & Luxembourg are rated even ahead of Switzerland in the financial secrecy index ranking, though Switzerland scores 100/100 on opacity. The avenues available for parking the illicit wealth are just too much.