An unnoticed aspect of British imperialism is that the British Monarch is also Head of State of many prominent tax havens, including Bermuda, BVI, Cayman, Gibraltar, Guernsey, Jersey, and so on.
Shortly after Elizabeth II was crowned, the Bank of England quietly consented to City of London-based banks handling dollar deposits outside the Federal Reserve’s regulatory reach
Dark money poured in from across the world, and the City soon established satellite financial centres in Crown Dependencies and Overseas Territories, which allowed the Bank - and successive governments - to deny responsibility for these offshore operations
As Head of State the reigning Monarch is empowered to appoint senior officials to the CDs and OTs. The monarch’s Privy Council also has the power to block or greenlight all legislation adopted by these tax havens
When I asked the previous Monarch to request Prime Minister David Cameron at their weekly meeting to take action to clean up Britain's tax havens, they politely declined (taxjustice.net/2017/11/06/maj…).
Regrettably such denial of responsibility is all too typical of Britain's smoke and mirrors approach to ensuring the good governance of its tax haven territories.
Britain's tax haven empire has been supporting tax evaders, kleptocrats, autocrats and organised crime for nigh on 70 years. They have played a considerable part in undermining the rule of law and democracy in this country and across the entire world.
I very much hope that the incoming Head of State of the Crown Dependencies and Overseas Territories will want their government to take immediate action to curtail this shameful aspect of Britain's current role in the global economy 
If you haven't already watched The Spider's Web: Britain's Second Empire, watch it here on Netflix netflix.com/search?q=THE%2… or on YouTube
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