Complete transparency is required by the National Statistics Code of Practice, which I put in place to safeguard issues of governance and integrity.

ECONOMIST: Turkey and Europe

There aren't any statistics that track the practice, but Michael Oates, a CPA with Rothstein Kass in New York who advises alternative investment funds, says many hedge funds are allowing U.S. individual investors to come in through foreign feeder funds or are considering it.

WSJ: Tax Report: What's Next for Offshore Accounts?

"Many users have treated them as official statistics, and have assumed that they should have been published in accordance with the Code of Practice, " he continues.

BBC: The difference between ��research�� and ��statistics��