Tax Havens Exposed

Oliver discusses the challenges posed by tax havens like St. Kitts and Nevis, which profit from facilitating illicit financial activities. He highlights the "prisoner's dilemma" faced by these jurisdictions, where inaction leads to increased business from those seeking to evade scrutiny. The conversation also touches on the successful reforms in Switzerland that pressured them to change their practices, contrasting it with the reluctance of smaller jurisdictions to follow suit.