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The British, of course, are only too willing
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The Spider's Web: Britain's Second Empire

The British, of course,are only too willing to kill off banking secrecy, because they will...

The British, of course,
are only too willing to kill off banking secrecy, because they will then
capture a larger market share

Full Transcript

00:00:01.000 --> 00:00:03.224
The British, of course, are only too willing
00:00:03.224 --> 00:00:04.693
to kill off banking secrecy,
00:00:04.693 --> 00:00:07.032
because they will then capture a larger market share.
Duration
8 seconds
Views
16
Timestamp in Movie
00:20:01
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.
- [Narrator] Trusts are the basic building block - The Spider's Web: Britain's Second Empire 00:11
- [Narrator] Trusts are the basic building block
Every secrecy jurisdiction offers a specific set - The Spider's Web: Britain's Second Empire 00:11
Every secrecy jurisdiction offers a specific set
The combination of these services - The Spider's Web: Britain's Second Empire 00:14
The combination of these services
- An offshore structure will often have a trust kind - The Spider's Web: Britain's Second Empire 00:07
- An offshore structure will often have a trust kind
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,