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Originally Posted by pornRefinery
It's stable, but I doubt it ranks as number 2. Luxemburg is high up there.
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Luxemborg don't like "offshore" - it is more a situation where you invest susbstantial amounts. It's not for "trading". A general indicator is.. jurisdictions similiar to Luxemborg generally don't want a load of crap "corp banking accounts" and concentrate on merchant banking investment.
Tho I can think of another country that far supercedes Luxemborg, is miles more secure than many major international banks, guaranteed to the hilt and is very rarely mentioned :-) And.. I ain't saying no more!!
But they are, like Luxemborg - not into corp checking accounts etc.