EDITORIAL - Tax havens in retreat

KINGSTON, Jamaica - A development that could affect the economics of some of Jamaica's more prosperous Caribbean neighbours and, perhaps, the pocketbooks of some of our better-heeled citizens, passed largely unnoticed here last week.
Ten of Britain's overseas territories and colonies, acquiescing to the prompting of the UK Prime Minister David Cameron, signed an agreement to share financial information with other jurisdictions.
Of the group, two, the Cayman Islands, and the Turks and Caicos Islands, are Jamaica's near neighbours in the northern Caribbean.