In 2009, the G20 Leaders declared that “the era of banking secrecy is over”. The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) was called on to deliver this result. Ten years on, the Global Forum has 161 member jurisdictions and has achieved massive progress in implementing the international tax transparency and exchange of information standards. With the strong backing of the G20 and the Organisation for Economic Co-operation and Development (OECD), the Global Forum has produced the most impactful international project against offshore tax evasion in history. More...
