The Spider’s Web: Britain’s Second Empire | Documentary Film

Michael Oswald’s film The Spider’s Web reveals how at the demise of empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in the world of international finance.

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The Spider’s Web was substantially inspired by Nicholas Shaxson’s book Treasure Islands you can read an extract of it here: https://www.theguardian.com/theguardian/2011/jan/08/jersey-tax-haven-nicholas-shaxson

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Review on Filmotomy: https://filmotomy.com/the-spiders-web-britains-second-empire/
Review on Open Democracy: https://www.opendemocracy.net/en/opendemocracyuk/film-review-spider-s-web-britain-s-second-empire/

Website: www.spiderswebfilm.com

German Version: https://youtu.be/1ZZR8vBKqwc
Spanish Version: https://www.youtube.com/watch?v=85dsTnbhchc
French Version: https://www.youtube.com/watch?v=hizj_6EH34M
Italian Version: https://www.youtube.com/watch?v=VwmvXLamkto&t=1s

Subtitles: French, Spanish, German, Italian, Russian, Arabic, Korean, Hungarian, English, Turkish, Portugese, Chinese, Croatian, Japanese.

0:00 Introduction
2:22 The British Empire
4:33 The Eurodollar Market
6:54 The Last Remnants of Empire
9:37 The Corporation of London
13:28 The Bank of Credit and Commerce International
16:53 Trusts
23:27 Who is in charge of Britain’s Overseas Territories?
28:35 Global Financial Centers and Empire
37:15 How America Embraced Offshore Finance
42:15 Growth of Offshore Finance and Corruption
48:05 Whistleblowers
54:54 Politicians and Financial Secrecy
1:01:35 Accountants
1:07:20 Protesters Confront Dave Hartnett
1:10:27 Private Finance Initiative
1:13:42 Conclusion