Same with Iceland, that may not be the country
    of choice anymore, but the concept remains the
    same.

One of the subtle things that's going on at the moment is that the safe banking centres are drying up. Switzerland and Luxembourg have been somewhat cleared out by needing bailouts, and Liechtenstein has been shown to be vulnerable to espionage. Iceland is a mess. Islands in the west pacific have been increasingly brought into aid umbrellas over recent decades. The British PM made reference to it in his recent address to both houses in the US.

This is all a serious matter in the west, because it's becoming easier for governments to steal people's money, and to construct justifications for it that make compelling headlines.