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An offshore structure will often have a trust kind
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The Spider's Web: Britain's Second Empire

An offshore structurewill often have a trust kind of sitting at the top of it

An offshore structure
will often have a trust kind of sitting at the top of it

Full Transcript

00:00:01.000 --> 00:00:04.484
- An offshore structure will often have a trust kind
00:00:04.484 --> 00:00:06.212
of sitting at the top of it.
Duration
7 seconds
Views
16
Timestamp in Movie
00:20:43
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
The trust will be here, managing the assets, - The Spider's Web: Britain's Second Empire 00:06
The trust will be here, managing the assets,
Underneath it, the trust will own some shell companies. - The Spider's Web: Britain's Second Empire 00:06
Underneath it, the trust will own some shell companies.
These trustees are somewhere else, - The Spider's Web: Britain's Second Empire 00:10
These trustees are somewhere else,
Each of these companies might then own assets. - The Spider's Web: Britain's Second Empire 00:05
Each of these companies might then own assets.
So they might own a bank account, a racehorse, a yacht, - The Spider's Web: Britain's Second Empire 00:11
So they might own a bank account, a racehorse, a yacht,
- [Narrator] There are numerous variations of trusts - The Spider's Web: Britain's Second Empire 00:07
- [Narrator] There are numerous variations of trusts
There are offshore lawyers whose work entails the creation - The Spider's Web: Britain's Second Empire 00:09
There are offshore lawyers whose work entails the creation
The aim of these structures is to hide the identity - The Spider's Web: Britain's Second Empire 00:12
The aim of these structures is to hide the identity
- Looking on the amount - The Spider's Web: Britain's Second Empire 00:14
- Looking on the amount
And all the talking we have been doing, - The Spider's Web: Britain's Second Empire 00:11
And all the talking we have been doing,
It is the world where you say, "Go on talking - The Spider's Web: Britain's Second Empire 00:06
It is the world where you say, "Go on talking
"You're interesting me." - The Spider's Web: Britain's Second Empire 00:06
"You're interesting me."
We know everything today, - The Spider's Web: Britain's Second Empire 00:05
We know everything today,
We have seen it, and we are not able to act upon it. - The Spider's Web: Britain's Second Empire 00:06
We have seen it, and we are not able to act upon it.
And we are not able to act upon it, - The Spider's Web: Britain's Second Empire 00:14
And we are not able to act upon it,
And these are, of course, in fact, very few people, - The Spider's Web: Britain's Second Empire 00:07
And these are, of course, in fact, very few people,
And I see in the Panama committee that I'm sitting in, - The Spider's Web: Britain's Second Empire 00:20
And I see in the Panama committee that I'm sitting in,
- [Narrator] The Panama Papers are a collection of leaks - The Spider's Web: Britain's Second Empire 00:08
- [Narrator] The Panama Papers are a collection of leaks
Mossack Fonseca is the fourth-largest offshore law firm. - The Spider's Web: Britain's Second Empire 00:06
Mossack Fonseca is the fourth-largest offshore law firm.
The other nine of the 10 largest offshore law firms - The Spider's Web: Britain's Second Empire 00:09
The other nine of the 10 largest offshore law firms