Global Forum Secretariat presents Model Administrative Compliance Strategy for the Standard on automatic exchange of financial account information
The Global Forum Secretariat recently developed a Model Administrative Compliance Strategy in order to assist jurisdictions in developing, improving and implementing their own administrative compliance strategy to ensure the effectiveness of the Standard on automatic exchange of financial account information (AEOI). On 29 July 2022, 200 delegates from 88 jurisdictions attended a virtual information session focusing on the Model Strategy and technical assistance available to jurisdictions committed to AEOI. This has been announced with a news ...
Global Forum members’ Competent Authorities exchange on their practices and experiences
The 9th Competent Authorities meeting was held virtually on 30 June and 1 July 2022. The event brought together 355 participants from 106 jurisdictions. Discussions covered the implementation of both the exchange of information on request (EOIR) and the automatic exchange of financial account information (AEOI) standards. Competent Authorities exchanged on specific practical matters related to EOIR, such as the translation of the answers provided, the feedback on the usefulness of ...