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33. Offshore financial locations have to be placed in a category of their own because of paramount importance are factors such as anonymity, confidentiality, and
33. Offshore financial locations have to be placed in a category of their own because of paramount importance are factors such as anonymity, confidentiality, and control. The offshore world has the power to possess legislative barriers such as:
a.limiting the recognition of foreign judgments
b.having strict limitation periods within which to bring actions
c.increased confidentiality laws and providing specific vehicles to defeat creditors
d.A, B and C
e.B and C
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