Arab Region | Financial Secrecy Index (FSI) (Arab countries,2018–2020)

The Financial Secrecy Index (FSI) focuses on secrecy (escape from disclosure), but the same jurisdictions gauranteeing secrecy also often offer escape from tax, from financial regulation, from criminal laws, from corporate governance rules, from inheritance rules and more. The FSI measures two factors, one qualitative and one quantitative. The qualitative measure looks at a jurisdiction’s laws and regulations, international treaties, and so on, to assess how secretive it is, based on 20 secrecy indicators. It gets assigned a secrecy score 0-100 (best): the higher the score 0-100 (best), the more secretive the jurisdiction. The second, quantitative, measurement attaches a weighting to take account of the jurisdiction’s size and overall importance the global market for offshore financial services. The FSI ranges from 0% (full transparency) to 100% (full secrecy). This is a Composite index (i.e. aggregating multiple sources)
Publisher
Arab Development Portal
Origin
Arab Region
Records
15
Source
Arab Region | Financial Secrecy Index (FSI) (Arab countries,2018–2020)
Location Year value
Bahrain 2018 77.8
Bahrain 2020 62.4
Lebanon 2018 72.03
Lebanon 2020 63.98
Saudi Arabia 2018 69.88
Saudi Arabia 2020 66.68
United Arab Emirates 2018 83.85
United Arab Emirates 2020 77.93
Morocco 2020 67.75
Qatar 2020 77
Kuwait 2020 70.58
Jordan 2020 78.3
Egypt 2020 71.38
Tunisia 2020 66.48
Algeria 2020 79.63

Arab Region | Financial Secrecy Index (FSI) (Arab countries,2018–2020)

The Financial Secrecy Index (FSI) focuses on secrecy (escape from disclosure), but the same jurisdictions gauranteeing secrecy also often offer escape from tax, from financial regulation, from criminal laws, from corporate governance rules, from inheritance rules and more. The FSI measures two factors, one qualitative and one quantitative. The qualitative measure looks at a jurisdiction’s laws and regulations, international treaties, and so on, to assess how secretive it is, based on 20 secrecy indicators. It gets assigned a secrecy score 0-100 (best): the higher the score 0-100 (best), the more secretive the jurisdiction. The second, quantitative, measurement attaches a weighting to take account of the jurisdiction’s size and overall importance the global market for offshore financial services. The FSI ranges from 0% (full transparency) to 100% (full secrecy). This is a Composite index (i.e. aggregating multiple sources)
Publisher
Arab Development Portal
Origin
Arab Region
Records
15
Source