The Committee on Fiscal Affairs of the Organisation for Economic Co-operation and Development (OECD) develops the legal and technical regulations for the international exchange of information, deals with their further development and thus ensures the effectiveness of the international exchange of information standards.
One part of this work is a joint action plan to combat loopholes in the global AEOI standard. In order to identify potential gaps at an early stage, the OECD has created a disclosure facility on its website to which information on systematic circumvention of the global AEOI standard can be reported anonymously. This allows targeted measures to be defined at the international level.
In May 2017, the G7 finance ministers called on the OECD to examine the introduction of disclosure rules for intermediaries in parallel to this work. The OECD adopted corresponding recommendations that are not binding for countries (no minimum standard) in March 2018.
In general, Switzerland is committed to ensuring a level playing field regarding the international competition among business locations, as well as measures that are targeted, proportionate and effective.
Last modification 11.06.2018