The End of Banking Secrecy?

November 24th, 2014

A month ago the Tax Justice Network published a preliminary report entitled  ‘The end of bank secrecy?’Bridging the gap to effective automatic information exchange, looking at the OECD’s new system of automatic information exchange.

They have now completed a final technical analysis of the report. It is not very different from the preliminary version: the main updates are to the timeline section and the main Annex about the signatories to the multilateral agreement (M-CAA) and commitments by others to join AIE later, following the G20 summit of world leaders in Australia this month and an earlier meeting in Berlin.

Download the report here

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