AEOI - Automatic Exchange of Information
The end of global bank secrecy and privacy protection
97 jurisdictions have commited to introduce a new standard of automatic data exchange of bank account data effectively eliminating bank secrecy and privacy protection.
The hunt on 1/3 of the global wealth hiding in offshore jurisdictions and 50% of the global trade transaction has started officially with 2016 as the first year of annual reports.
The latest news on the AEOI Implementation
30/10/2015 – Major implementation milestones are being met by members of the world’s leading forum on tax transparency as the[...]
3/12/2015 - Andorra today signed the Multilateral Competent Authority Agreement, marking a crucial step forward in its commitment to implement[...]
15/12/2015 - Monaco today signed the Multilateral Competent Authority Agreement, which confirms its commitment to implement automatic exchange of financial[...]
16/12/2015 – Today the People’s Republic of China became the 77th jurisdiction to sign the Multilateral Competent Authority Agreement (MCAA),[...]
21/12/2015 – On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange[...]
18/12/2015 - Kuwait became the 130th member of the Global Forum on Transparency and Exchange of Information for Tax Purposes. Members[...]
