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In public, these jurisdictions claim they are transparent
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The Spider's Web: Britain's Second Empire

In public, these jurisdictionsclaim they are transparent, and their financialservices...

In public, these jurisdictions
claim they are transparent, and their financial
services sectors are engaged in legitimate financial activities

Full Transcript

00:00:01.000 --> 00:00:04.723
In public, these jurisdictions claim they are transparent,
00:00:04.723 --> 00:00:07.205
and their financial services sectors are engaged
00:00:07.205 --> 00:00:10.121
in legitimate financial activities.
Duration
11 seconds
Views
19
Timestamp in Movie
00:45:21
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.
- Our economy is not based on secrecy. - The Spider's Web: Britain's Second Empire 00:06
- Our economy is not based on secrecy.
It's based on a sound regulatory environment. - The Spider's Web: Britain's Second Empire 00:06
It's based on a sound regulatory environment.
It's based on good governance and good government - The Spider's Web: Britain's Second Empire 00:10
It's based on good governance and good government
That's what our financial institutions are based on. - The Spider's Web: Britain's Second Empire 00:06
That's what our financial institutions are based on.
- Well, tonight, we have a response from the head - The Spider's Web: Britain's Second Empire 00:14
- Well, tonight, we have a response from the head
Finance chairman, Mr. Richard Coles, - The Spider's Web: Britain's Second Empire 00:15
Finance chairman, Mr. Richard Coles,
- When I went to the Cayman Islands, back in 2008, - The Spider's Web: Britain's Second Empire 00:08
- When I went to the Cayman Islands, back in 2008,
He said, "Okay, we have had an order from on high - The Spider's Web: Britain's Second Empire 00:07
He said, "Okay, we have had an order from on high
"You are off limits." - The Spider's Web: Britain's Second Empire 00:14
"You are off limits."
- The author of a series of international media reports - The Spider's Web: Britain's Second Empire 00:08
- The author of a series of international media reports
Mr. Travers recently called Nicholas Shaxson an imbecile - The Spider's Web: Britain's Second Empire 00:09
Mr. Travers recently called Nicholas Shaxson an imbecile
Now the politics of envy are exacerbated - The Spider's Web: Britain's Second Empire 00:10
Now the politics of envy are exacerbated
And furthermore, he doesn't know what he's talking about. - The Spider's Web: Britain's Second Empire 00:06
And furthermore, he doesn't know what he's talking...
- [Narrator] The Cayman Islands - The Spider's Web: Britain's Second Empire 00:07
- [Narrator] The Cayman Islands
It hosts 80,000 registered companies, - The Spider's Web: Britain's Second Empire 00:11
It hosts 80,000 registered companies,
It has a population of 60,000, roughly equivalent - The Spider's Web: Britain's Second Empire 00:09
It has a population of 60,000, roughly equivalent
(solemn music) - The Spider's Web: Britain's Second Empire 00:19
(solemn music)
(solemn music) - The Spider's Web: Britain's Second Empire 00:18
(solemn music)
- For many people, who work offshore - The Spider's Web: Britain's Second Empire 00:17
- For many people, who work offshore
Most of the time though, the instruments - The Spider's Web: Britain's Second Empire 00:07
Most of the time though, the instruments