The European Council has agreed both the criteria and the process for the establishment of an EU list of non-cooperative jurisdictions in taxation matters. It is anticipated that the Council … Read More
International Issues
EU Tax Authorities to Gain Access to Beneficial Ownership Information
The European Council has reached agreement on a proposal granting access for tax authorities to information held by authorities responsible for the prevention of money laundering. The directive requires member … Read More
Foreign Currency Financing Survey
As part of ongoing Exchange Control Liberalisation Proposals the Central Bank of The Bahamas is exploring frameworks for Bahamian-owned businesses to attract non-Bahamian dollar denominated direct financing. A release from … Read More
Global Forum’s International Tax Transparency Agenda
The [Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency ) met in Tbilisi, Georgia on November 2-4. The annual meeting brought together 220 delegates from 84 jurisdictions … Read More
Caribbean Forum on Shifting Tides: Challenges and Opportunities
During the 5th Caribbean Forum in Trinidad and Tobago today, Caribbean Prime Ministers, Finance Ministers and Central Bank Governors joined representatives from the private sector and international organizations to discuss … Read More
BEPS Action 14 Peer Reviews
The OECD has released the first schedule for the Mutual Agreement Procedure (MAP) Peer Review and Monitoring Process under Action 14 of the BEPS Action Plan. The key documents relating … Read More
Way Forward Identified on Correspondent Banking Challenge
Stakeholders, including senior representatives of international financial institutions, commercial banks, central banks, governments the Caribbean Community (CARICOM) Secretariat and the Caribbean Development Bank met in Antigua and Barbuda on 27 … Read More
9th Meeting of Global Forum
[The Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency/) will host its 9th meeting in Tbilisi, Georgia on 2-4 November 2016. According to a release from the … Read More
106th Jurisdiction Joins Multilateral Convention on Mutual Administrative Assistance in Tax Matters
The Cook Islands have signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Convention, signed today, together with the [Multilateral Competent Authority Agreement on Automatic Exchange of … Read More
The Caribbean Response to the Withdrawal of Correspondent Banking
Today, IMF Deputy Managing Director Tao Zhang addressed a [Caribbean Finance Conference](https://bfsb-bahamas.com/news.php?cmd=view&id=3660) being hosted in Antigua. The IMF representative pointed to the linkages between financial services and tourism, and other … Read More