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
Global Forum on tax transparency pushes forward international co-operation against tax evasion
30/10/2015 – Major implementation milestones are being met by members of the world’s leading forum on tax transparency as the[...]
Andorra takes key step in reaffirming its commitment to implement Automatic Exchange of Financial Account Information
3/12/2015 - Andorra today signed the Multilateral Competent Authority Agreement, marking a crucial step forward in its commitment to implement[...]
Monaco confirms its commitment to implement Automatic Exchange of Financial Account Information
15/12/2015 - Monaco today signed the Multilateral Competent Authority Agreement, which confirms its commitment to implement automatic exchange of financial[...]
China takes important step to boost international co-operation against tax evasion
16/12/2015 – Today the People’s Republic of China became the 77th jurisdiction to sign the Multilateral Competent Authority Agreement (MCAA),[...]
Greenland takes key step in implementing automatic exchange of financial account information
21/12/2015 – On 17 December 2015 Greenland signed the Multilateral Competent Authority Agreement, re-confirming its commitment to implement automatic exchange[...]
Kuwait joins the Global Forum on Transparency and Exchange of Information for Tax Purposes
18/12/2015 - Kuwait became the 130th member of the Global Forum on Transparency and Exchange of Information for Tax Purposes. Members[...]
