Search results
Results from the WOW.Com Content Network
On 22 October 2008, at an OECD meeting in Paris, 17 countries led by France and Germany decided to draw up a new blacklist of tax havens. It had been asked to investigate around 40 new tax havens where undeclared revenue was hidden and which hosted many of the non-regulated hedge funds that came under fire during the financial crisis of 2007–08 .
The European Union tax haven blacklist, officially the EU list of non-cooperative tax jurisdictions, is a tool of the European Union (EU) that lists tax havens. It is used by the Member States to tackle external risks of tax abuse and unfair tax competition .
The report focused on tax havens in the Caribbean who were not OECD members, and the OECD was thus criticized for not addressing tax havens who were its members. A second report in 2000 included a blacklist of 35 secrecy jurisdictions - all outside the OECD - and a threat of defensive measures against them, with backing from the United States ...
The OECD and its Financial Action Task Force regularly publish the list of uncooperative tax havens.. The FATF blacklist was the common shorthand description for the Financial Action Task Force list of "Non-Cooperative Countries or Territories" (NCCTs).
2017: The EU Commission produces its first formal list of tax havens with 17 countries on its 2017 blacklist and 47 on its 2017 greylist; [61] however, as with the previous 2010 OECD list, none of the jurisdictions are OECD or EU–28 countries, nor are they in the list of § Top 10 tax havens. [62] [63]
A ministerial conference of the World Trade Organization, in the Palace of Nations (Geneva, Switzerland).. The following is a list of the major existing intergovernmental organizations (IGOs).
The Financial Action Task Force (on Money Laundering) ('FATF, aka "Fatiff"), also known by its French name, Groupe d'action financière (GAFI), is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering and to maintain certain interest. [3]
EWP has been an important element on the agenda of the OECD following the succession of leaked revelations about various jurisdictions, including the Luxembourg Leaks, Panama papers and Paradise Papers. In December 2017, European Union finance ministers blacklisted 17 countries for refusing to co-operate in its investigation on tax havens. [3]