Offshore A-Z is a digital repository of companies operating across major tax havens. Offshore A-Z exploits the inscrutability of such companies to speculate on their possible nature and intent. Each company listed on here is real, but the information surrounding these consist of both actual records, obtained by dmstfctn, and speculative images and mission statements, generated by algorithms.

Tax havens, or secrecy jurisdictions, employ laws and corporate regulations different from those of most jurisdictions, using secrecy as a prime tool. Furthermore, the agents operating offshore on behalf of clients elsewhere have been observed by dmstfctn to willfully introduce mistakes in the records held on the companies they help forming. (Offshore Investigation Vehicle)

When offshore companies are but a bundle of papers held in private storages, these practices contribute to a number of possible configurations of any given offshore company, whose records are at once factually correct and conveniently flawed.

Offshore A-Z plays with the idea that truth is not one nor static, and that it does not need to be upheld equally at all times or in all fora.

Obtaining the data

The data contained within Offshore A-Z comes from a number of sources. Prior to the Offshore Leaks, the snippets of information available on offshore companies were largely confined to the outdated online registrars kept by tax havens, as an empty gesture towards transparency. Employing data scraping techniques, dmstfctn extracted records on hundreds of thousands of companies appearing in a number of such registrars.

Yielding varying amounts of information, and naturally full of gaps - sometimes full company details and descriptions, sometimes little more than a name - the records were cross referenced with data from the ICIJ’s Offshore Leaks as well as Financial Secrecy Index scores from the Tax Justice Network, and compiled into a single searchable database.

Training the algorithms

Algorithms were then trained to fill in the gaps in information. Using keywords from the company’s records as a trigger, the algorithms associate images with each nondescript company and complete missing fields by guessing possible incorporation dates or by generating corporate mission statement via a simple neural network. The coherency and accuracy of the neural network is directly undermined by the opaque source material, or incomplete input records. Finally, companies previously named in the Offshore Leaks ( for example) are hyperlinked to the relevant entry on the ICIJ database, allowing user to investigate further.

Compiling the template

The resulting information is autonomously built into a Web 2.0 page, employing a visual grammar similar to that used by existing registrars of companies. However, under intense scrutiny, the template mealts away revealing warm hues and floating forms.

This cycle of actions is repeated for each unreleased company found in the database and publicly announced by a Twitter bot.

Zooming in

Among the companies listed on the Offshore A-Z, a few appearing to be embedded in complex offshore vehicles were further investigated, resulting in three stories focusing on the funding behind Leave.EU, the corporate tax-avoidance of Barclays and the colonial origins of HSBC.

Offshore A-Z is a project by dmstfctn.

E & V TRADING

Company Name E & V TRADING
Date of Registration 28th February 2008
Company Objective 1a. to invest its means in securities, such as shares and other certificates of Participation and bonds, as well as in other interest-bearing claims under whatever Name and in whatever form;
b. to acquire:
(i) revenue, arising from the alienation or assignment of the right to use copyright, patents, models, secret processes or recipes, trademarks, and similar things;
(ii) Royalties, including rents, with regard to movies or with regard to the use of Industrial, commercial or scientific equipment, as well as with regard to the Exploitation of a mine or quarry or any other natural resource and other real estate;
(iii) Fees for providing technical assistance;
c. to invest its means directly or indirectly in real estate and rights, to acquire, own, rent, rent out, lease, lease out, divide into lots, reclaim, Develop, improve, work, build on, sell or alienate otherwise, mortgage or encumber otherwise, real estate, and to carry out infrastructure projects such as laying roads, piping, and similar, work on real estate;
d. to provide surety and other guarantees and to transfer the ownership of assets, Whether or not to a fiduciary or a trustee, or to mortgage or pledge assets or encumber them otherwise, all this as security for the payment of tile debts of the Company and the debts of third parties, whether or not in exchange for a Consideration;
e. to trade, as a wholesaler, distributor, futures trader, or otherwise, as well as to
Import and export raw materials, minerals, metals, organic substances, semi-finished products, and finished products of whatever kind and under whatever name;
f. to act as a .finance company and to act as a mediator in the: financing of all kinds of transactions;
2. The company shall not be allowed to act as a credit institution as defined in article 1, paragraph 1, of the National Ordinance on the Supervision of the Credit System.
3. The company which, with regard to its business, meets the criteria for being considered a credit institution as defined in the National Ordinance on the Supervision of the Credit System shall, nevertheless, not be considered as such if the company:
a. is a concern finance institution as in National Decree AS 2000 no. 29 or any other exception laid down by National Decree for the implementation of the provisions laid down in or by virtue of article 1, paragraph 2, of the National Ordinance on the Supervision of the Credit System:
b. is not considered as such by a decision of the Central Bank of Aruba as referred to in article 1, paragraph 3, of the National Ordinance on the Supervision of the credit System.
Barring exemption by the Central Bank of Aruba, it shall be expressly forbidden for the company to directly or indirectly address the public with a view to attracting moneys as a trade or with a view to granting credits as a trade, as well as to act as a mediator in these activities in any way, all this with due observance of the provisions of article 48 of the National Ordinance on the Supervision of the Credit System.
4 The company shall be authorized to do everything that may be useful or required for fulfilling its purpose or is related to that purpose in the widest sense of the word, which includes participating in any other business or company, as well as to perform all other acts in tile fields of commerce, industry, and finance.
Country
aruba
Financial Secrecy Index [more info] 68
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