Luxembourg among top facilitators of financial secrecy, report says

Luxembourg among top facilitators of financial secrecy, report says

According to the Tax Justice Network's Financial Secrecy Index 2025, Luxembourg ranks 5th among the countries that most facilitate financial secrecy worldwide.

Tax Justice Network: Financial secrecy a growing driver of autocracy - Corruption Watch

This year's Financial Secrecy Index, released on 3 June by the Tax Justice Network, shows that nine of the top 10 countries are seeing worsening conditions for democracy. The US again tops the list of 141 countries, contributing nearly 6% of the world's financial secrecy, while the EU as a bloc accounts for 21%. The post Tax Justice Network: Financial secrecy a growing driver of autocracy appeared first on Corruption Watch.