The third [FATF](http://www.fatf-gafi.org/) Plenary meeting of Plenary Year FATF-XXVII was held in Paris, 17-19 February. The [main issues](http://www.fatf-gafi.org/publications/fatfgeneral/documents/outcomes-plenary-february-2016.html) dealt with were: * Work on terrorist financing, which remains the top … Read More
International Issues
CARICOM Faces Threat to Banking Sector
The Chairman of the Conference of Heads of Government and Prime Minister of Belize, the Hon Dean Barrow, addressed the opening ceremony of the 27th Intersessional Meeting of [CARICOM](http://www.caricom.org/) Heads … Read More
Inter-American Development Bank (IDB) Group To Meet In The Bahamas
The IDB Bank Group is hosting its [annual meeting](http://events.iadb.org/calendar/eventDetail.aspx?lang=en&id=4877) in Nassau, The Bahamas this year. On April 7-10, economic and financial leaders from the IDB’s 48 member countries will convene … Read More
Kenya Joins Multilateral Instrument Against Offshore Tax Evasion and Avoidance
Kenya today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matter](http://www.oecd.org/ctp/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm)s. Kenya is the 12th African country to sign the Convention and the 94th jurisdiction to join it. … Read More
Switzerland Signs Declaration on Introduction of AEOI with Canada
Switzerland has signed a [joint declaration](http://www.news.admin.ch/NSBSubscriber/message/attachments/42858.pdf) on the introduction of the automatic exchange of information (AEOI) in tax matters on a reciprocal basis with Canada. The two countries intend to … Read More
Michele Fields Elected to IAIS Executive Committee
Michele Fields, Superintendent of The Insurance Commission of The Bahamas (ICB), has been elected to serve on the Executive Committee of the International Association of Insurance Supervisors (IAIS), the voluntary … Read More
11th African Continent Country Signs Multilateral Convention
Senegal today signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm), becoming the 93rd jurisdiction (and the 11th country of the African continent) to join it. His Excellency, … Read More
European Commission Presents New Measures Against Corporate Tax Avoidance
The European Commission says new rules are needed to align the tax laws in all 28 EU countries in order to fight aggressive tax practices by large companies efficiently and … Read More
Automatic Sharing of Country by Country Information
As part of continuing efforts to boost transparency by multinational enterprises (MNEs), 31 countries today signed the Multilateral Competent Authority Agreement (MCAA) for the automatic exchange of Country-by-Country reports. According … Read More
Signing Ceremony for OECD/G20 BEPS Project
The OECD has announced that Ministers and top tax officials from more than 30 countries are set to sign an international agreement that will significantly advance the fight against corporate … Read More