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Any reduction in offshore activity might cost thousands of them, especially in Scotland.
It is driving politicians towards transaction levies and higher taxes on incomes, wealth, property and offshore activity.
Its low corporate tax rate and banking secrecy provisions make it a favorite destination for offshore activity.
As Congress debated the landmark 1978 law that governs offshore activity, Louisiana officials argued for a light federal touch.
Worse, the new requirements for havens only apply to those given that designation by the EU on narrow criteria, which exclude several major centres of offshore activity.
Not all offshore activity is harmful to Africa's interests but the absence of transparency blurs the lines between legitimate and illicit activity.
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Elsewhere in the country, the law requires companies to submit detailed proposals for offshore activities, called Drilling and Production Plans.
And those with their own offshore activities will be more likely to turn them over to specialists.
While Mr. Manafort is not a target in the separate inquiry of offshore activities, prosecutors say he must have realized the implications of his financial dealings.
The investigation also revealed Leighton Offshore and other Australian companies' links to Unaoil, sparking renewed scrutiny about the firm's offshore activities.
Further, Mr. Graham, who also was governor of Florida, highlighted the broader public interest in regulating offshore activities: "This is private enterprise operating on publicly owned property.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com