Anguilla values its well-earned reputation as a law-abiding and well-regulated jurisdiction, with a favourable business climate. Strict provisions have been enacted to guarantee the confidentiality of sensitive business records. The Confidential Relationships Act provides stringent penalties for the improper release of confidential information, whether by private individuals or public officials. The Act does not protect against inquiry with respect to criminal activity considered a serious offence in Anguilla. The governments of Anguilla and the United States have ratified a mutual legal assistance treaty that extends the exchange of information between them regarding activities considered criminal in both jurisdictions. The treaty is aimed specifically at keeping Anguilla free of the drug-related and money-laundering taint that has afflicted some jurisdictions. As the island has neither income tax nor currency exchange regulations, foreign currency and tax offences cannot be investigated in Anguilla. There are no tax treaties between Anguilla and any foreign country and, unlike many of its competitors, Anguilla does not have agreements with any country to share fiscal information.