'In 2013, the leaks reveal, as G8 countries prepared to launch a regulatory overhaul seeking finally to put an end to the secrecy in which offshore tax schemes flourish, a powerful lobby group got to work. The International Financial Centres Forum, funded by 11 of the world’s biggest offshore law firms, achieved what it called “superb penetration” into the highest ranks of government, managing to water down significantly the transparency rules that were eventually adopted."
https://www.thestar.com/opinion/editorials/2017/11/08/paradise-papers-tell-a-troubling-story-about-money-and-power-editorial.html