Published 1 December 2020
The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has worked since 2014 to support its members in implementing the Automatic Exchange of Information Standard (AEOI Standard) developed by the OECD. Ensuring compliance with the extensive confidentiality and information security management (ISM) requirements has been at the core of this process.
The toolkit is designed to ensure that more developing countries can benefit from the Automatic Exchange of Financial Account Information. It provides detailed guidance on implementing the building blocks of a legal and Information Security Management framework that adheres to internationally recognised standards or best practices, as required by the AEOI Standard, and ensures the confidentiality of the exchanged information. The toolkit also provides guidance on establishing effective processes to address potential confidentiality breaches.