09/06/2023 – The Secretariat of the Global Forum on Transparency and Exchange of Information (Global Forum) has developed a new Guidance for implementation of a secure perimeter for automatic exchange of information purposes – a tactical approach on confidentiality and data safeguards for developing countries. The guidance was launched in French on 7 June 2023 and in English on 8 June 2023. The virtual events were attended by 111 delegates from 20 jurisdictions. The guidance is available on demand to all interested jurisdictions. A Spanish version will follow shortly.
The guidance helps jurisdictions interested in automatic exchange of information (AEOI), such as the Common Reporting Standard on financial accounts or Country-by-Country Reporting, design and implement a secure perimeter for their operations with automatically exchanged data. A secure perimeter means a physical and/or virtual environment within a tax administration with strong information security controls, in line with the internationally agreed requirements for AEOI.
The new guidance is part of the Global Forum Secretariat’s Strategy to unleash the potential of AEOI for developing countries. In conjunction with the tailored technical assistance on information security offered to all member jurisdictions, the guidance further supports jurisdictions in implementing the elements of AEOI in a resource-effective and timely manner.
» Browse the full list of documents available to tax authorities upon request
The Global Forum is the leading multilateral body mandated to ensure that jurisdictions around the world adhere to and effectively implement both the exchange of information on request standard and the standard of automatic exchange of information. These objectives are achieved through a robust monitoring and peer review process. The Global Forum also runs an extensive capacity-building programme to support its members in implementing the standards and help tax authorities make the best use of cross-border information sharing channels.
The Global Forum capacity-building programme is supported by the following development partners:
For more information, please contact [email protected].