Just In: Switzerland Now ‘Largely Compliant’ with International Transparency Rules.

In 10 reports released today, by the OECD Global Forum on Transparency and Exchange of Information, St. Lucia, Switzerland, Albania, Cameroon, Gabon, Pakistan and Senegal are all found ‘Largely Compliant with international tax transparency and exchange of information rules. The United Arab Emirates was found ‘Partially Compliant’ only. Both Ukraine and Liberia‘s legal and regulatory framework… More Just In: Switzerland Now ‘Largely Compliant’ with International Transparency Rules.

Six Things You Need to Know Now About The EU Common Blacklist.

One: As part of its tax avoidance agenda, the EU has proposed a new approach to deal with third countries that refuse to comply with tax good governance standards. The aim is to replace the current medley of national lists with a single EU list of third countries, which would result from a fair and objective… More Six Things You Need to Know Now About The EU Common Blacklist.

The OECD Reveals the G20 Blacklist Criteria for Uncooperative Jurisdctions

    Pascal Saint Amans – Director, OECD Centre for Tax Administration and Policy The OECD has confirmed the criteria for G20-mandated blacklisting of ‘uncooperative jurisdictions’ in the after-burn of the  Panama Papers. The work of the OECD Global forum (Global Forum) is concerned with defining and implementing tax transparency standards and so the ‘objective… More The OECD Reveals the G20 Blacklist Criteria for Uncooperative Jurisdctions

Will London’s Bankers Give Up Their Swanky London Post-codes?

If London’s  banks lose their financial services passport, Ireland may be the biggest winner if relocation decisions are based on where these banks maintain subsidiaries. This is the thinking behind a confidential internal note prepared by Deusthe  bank for its July 5 board meeting. According Deusthe, their competitors would most likely relocate their operations to… More Will London’s Bankers Give Up Their Swanky London Post-codes?

LaGarde: FinTech, Like BlockChain, Possible Solution for De-Risking.

Speaking this week at the Federal Reserve Bank of New York, IMF Chief Christine LaGarde, shone a light on the breakdown in global banking relationships, warning that that de-risking is not a localised problem because of its potential to create systemic risks in the global financial system.In their June report the IMF warned that the… More LaGarde: FinTech, Like BlockChain, Possible Solution for De-Risking.