CDC: Offshore Funds
(asked on 21st February 2020) - View Source
Question to the Department for International Development:
To ask the Secretary of State for International Development, what reviews he has undertaken on the adequacy of CDC’s controls on the use of offshore accounts and investments by CDC management and senior staff in the last two years.
This question was answered on 2nd March 2020
CDC reviews its tax policy at least annually with a view to remaining consistent with evolving international standards and the best practice of multilateral and bilateral development finance institutions. This policy is regularly reviewed by DFID.