Senior Guernsey politician says new finance report is 'littered with errors'

A senior politician in Guernsey says a new finance report is 'littered with errors'.

The Financial Secrecy Index, published by the Tax Justice Network, ranks jurisdictions according to the level of secrecy and their offshore financial activities.

Guernsey was included in the top ten, along with the Cayman Islands, Luxembourg and Germany.

It also includes six territories that are eligible for inclusion in the EU’s own tax haven blacklist - Switzerland, Cayman Islands, Honk Kong, Taiwan, United Arab Emirates and Guernsey - but which have only found their way onto the EU's "grey list".

But the Vice-President of Guernsey's Policy & Resources Committee, says the amount of errors in the report makes it 'frankly comical'.

The Tax Justice Network has disputed Deputy St Pier's claims.