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Who is in charge of Britain's Overseas Territories?

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.

Watch our new documentary about an intelligence officer who blew the whistle on fake news and was framed for a murder here:

The Spider's Web was substantially inspired by Nicholas Shaxson's book Treasure Islands you can read an extract of it here:

Translate this documentary here on youtube or contact us for the .srt file

Review on Open Democracy:


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


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