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OECD Publishes Exchange of Information Compliance Ratings for Seven Jurisdictions Under Enhanced Peer Review Process

16 October 2018

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Approved Changes

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OECD-Austria-Aruba-Bahrain-Brazil-Saint Kitts and Nevi-Singapore-United Kingdom-Oman

The OECD has announced that the Global Forum on Transparency and Exchange of Information (EOI) for Tax Purposes has published the enhanced exchange of information peer reviews for Austria, Aruba, Bahrain, Brazil, Saint Kitts and Nevis, Singapore, and the United Kingdom. The enhanced peer review process concerns the exchange of information upon request, with a focus on beneficial ownership information exchange. Two jurisdictions, Bahrain and Singapore, received an overall rating of “Compliant”. The other five jurisdictions, Austria, Aruba, Brazil, Saint Kitts and Nevis, and the United Kingdom, were rated “Largely Compliant”. The jurisdictions have demonstrated their progress on many deficiencies...