OECD disclose banking secrets

One of the main provisions of the final communiqué, signed by leaders of the «big twenty» London became tighter regulation of financial markets. In particular, special attention will be drawn to areas where access to the closed bankovckoy information in order to avoid tax (the so-called tax haven). The Organization for Economic Cooperation and Development (OECD) has published on its website a list of «jurisdiction», with which the international community will struggle. Thus, the list of countries that signed the agreement on compliance with international tax standards, but do not perform their hit countries such as Andorra, Liechtenstein, Monaco, Austria, Belgium, Switzerland, Luxembourg, Singapore, etc. Also on the list offshore zones such as the British Virgin Islands, Cayman Islands, the Bahamas and others did not sign any international agreements, only four countries: Costa Rica Japan, Malaysia, Philippines and Uruguay. However, their response was followed immediately. As stated in the Ministry of Finance of Costa Rica, a country until the end of the year will take steps to no longer appear on the black list. Also, the list will soon disappear, and Uruguay, which the authorities have also expressed willingness to comply with international standards of transparency and exchange of information in tax matters. Interestingly, the Russians favorite offshore zone of Cyprus is in «white» List of OECD, as recently adopted a series of laws aimed at opening of bank secrecy. Russia, like most other members of «big twenty», in «white» list.