The OECD and the Global Forum on Transparency and Exchange of Information for Tax Purposes announced today that Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries.

Paraguay has joined the Global Forum on Transparency and Exchange of Information for Tax Purposes as its 134th member.

Today, as a further step to implement the OECD Common Reporting Standard (CRS), the first series of bilateral automatic exchange relationships were established among the first batch of jurisdictions committed to exchanging information automatically as of 2017.

Today, another important step to implement the OECD Common Reporting Standard (CRS) was taken, with a further 350 bilateral automatic exchange relationships being established between over 50 jurisdictions committed to exchanging information automatically pursuant to the OECD Common Reporting Standard (CRS), starting in 2017.

Thailand's membership reinforces its commitment to implement both the international standard of exchange of information on request and the standard of automatic exchange of financial account information.

To further support the consistent implementation of the Common Reporting Standard (CRS), the OECD today released a series of additional CRS-related Frequently Asked Questions; and the second edition of the Standard for Automatic Exchange of Financial Account Information in Tax Matters.

Today, another important step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports.

As part of its ongoing efforts to maintain the integrity of the Common Reporting Standard (CRS), the OECD is today launching a disclosure facility on the AEOI portal which allows interested parties to report potential schemes to circumvent the CRS.Over 1800 bilateral exchange relationships in place for the exchange of CRS information.

At present, 102 jurisdictions have publicly committed to implement the Common Reporting Standard, with 49 being committed to start exchanges this month and a further 53 taking up exchanges in September 2018.

Today, the OECD has released updated and new IT-tools and guidance to support the technical implementation of the exchange of tax information under the Common Reporting Standard (CRS), on Country-by-Country Reporting (CbC) and in relation to tax rulings (ETR).

Tax administrations are playing a critical role as governments start implementing new international measures to counter offshore evasion and combat tax avoidance by multinational enterprises.

The Forum on Tax Administration (FTA) is the leading international body concerned with tax administration. The FTA, which brings together Tax Commissioners from 50 advanced and emerging tax administrations (including OECD and G20 countries), held its Plenary meeting in Oslo on 27-29 September.

Today, a further step was taken to implement Country-by-Country Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").

As part of continuing efforts to improve tax transparency and the international tax framework, the OECD has released the first analysis of individual countries' progress in spontaneously exchanging information on tax rulings in accordance with Action 5 of the BEPS package of measures released in October 2015.

The Common Reporting Standard (CRS), which is the basis for the automatic annual exchange of information on offshore financial accounts to the tax authorities of the residence country of account holders. At present, over 100 jurisdictions have publicly committed to implement the CRS, with half of them having started the exchange of CRS information in September and a further 53 set to follow in 2018.

Today, a further important step was taken to implement Country-by-Country (CbC) Reporting in accordance with the BEPS Action 13 minimum standard, through activations of automatic exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of CbC Reports ("the CbC MCAA").

Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA) which for the first time includes activations by Panama. The OECD also released the second edition of the Common Reporting Standard Implementation Handbook.

Today, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA), bringing the total number of relationships to over 3200, an increase of more than 500 since April of this year.

Global cooperation to fight tax evasion and avoidance has grown rapidly over the past few years. Tax Transparency and Exchange of Information between tax authorities about financial assets and activities of their taxpayers abroad has proved to be a valuable tool in this fight.

The Global Forum held its annual meeting in Uruguay on 20-22 November, bringing together 220 delegates from 84 jurisdictions and 12 International organisations to strengthen further the international community’s fight against tax evasion. The meeting marked the widespread rollout of automatic exchange of financial account of information.

The purpose of the CbC MCAA is to set forth rules and procedures as may be necessary for Competent Authorities of jurisdictions implementing BEPS Action 13 to automatically exchange CbC Reports prepared by the Reporting Entity of an MNE Group and filed on an annual basis with the tax authorities of the jurisdiction of tax residence of that entity with the tax authorities of all jurisdictions in which the MNE Group operates.

In order to support the automatic exchange of information collected under the OECD’s Model Mandatory Disclosure Rules on Common Reporting Standard (CRS) Avoidance Arrangements and Opaque Offshore Structures (MDRs), the OECD has today released the international administrative and operational framework for the exchange of information collected under the MDRs.

The Global Forum Secretariat is assisting Morocco in preparing for its second round of peer review aimed at assessing its compliance with the international standard of exchange of information on request.

As part of BEPS Action 5 to curb harmful tax practices, jurisdictions may only maintain preferential regimes if certain "substantial activities" requirements are met. In order to ensure a level playing field, these requirements must also apply to jurisdictions with zero or only nominal tax rates.

Today marks an important milestone for the OECD/UNDP Tax Inspectors Without Borders initiative (TIWB) with the launch of a project on automatic exchange of information. The project, which will be co-ordinated with the Global Forum on Transparency and Exchange of Information for Tax Purposes, was unveiled during its 10th Anniversary Meeting in Paris, France.

Today, the OECD released IT-formats and guidance to support the technical implementation of the OECD Treaty Relief and Compliance Enhancement (TRACE) initiative, as well as to facilitate the wider use of the OECD Common Transmission System (CTS) for the exchange of information between tax administrations.

The Global Forum and the Italian Revenue Agency carried out an onsite visit in Tirana to assist Albania with the implementation of the international standard of automatic exchange of financial account information (AEOI).

Comprised of 34 Global Forum members, the Automatic Exchange of Information Peer Review Group (APRG) held its first meeting on 16-18 March 2020 to discuss key issues in ensuring that jurisdictions are putting in place what is required to deliver an effective AEOI Standard, as well as how the recent developments in relation to Covid-19 might impact expectations.

Foreign Exchange Reserves in Burundi increased to 213443.90 BIF Million in December from 100921.20 BIF Million in November of 2019. Foreign Exchange Reserves in Burundi averaged 303116.15 BIF Million from 2011 until 2019, reaching an all time high of 542621 BIF Million in February of 2013 and a record low of 75870.10 BIF Million in December of 2015. In Burundi, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides the latest reported value for - Burundi Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange information automatically under the OECD/G20 standard.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Monthly monetary and financial statistics contains financial statistics on five separate subjects: monetary aggregates, interest rates, exchange rates, reserve assets, and share prices.

Recent episodes of large exchange rate movements, such as for Japan or the United Kingdom, have typically not been associated with large changes in trade balances and despite the polarisation of international investment positions large currency fluctuations during the global crisis of 2008-09 did not cause significant financial dislocations.

The Global Forum on Transparency and Exchange of Information for Tax Purposes has released peer review reports assessing the tax systems of 13 jurisdictions for information exchange.

Muscat, Oman - 2 December 2013 - This meeting was organised in the format of a high level regional roundtable, where heads and other representatives of regional exchanges were invited to participate, alongside regulators and relevant international and regional institutions.

This report explores the efforts of MENA stock exchanges to restructure their ownership through regional comparisons and case studies, situating this process within the global transformation of the stock exchange industry over the past two decades.

This report reviews structural changes in the stock exchange industry and provides data on M&A changes in the aggregate revenue structure of major stock exchanges. It describes the fragmentation of the stock market resulting from an increase in stock exchange-like trading venues, such as alternative trading systems (ATSs) and multilateral trading facilities (MTFs), and a split between dark (non-displayed) and lit (displayed) trading.

This report presents the results of an OECD survey aimed at outlining the key roles of stock exchanges in promoting sound corporate governance in Asia. It focuses on standard-Setting, supervision and enforcement of disclosure obligations and corporate governance rules.

Foreign Exchange Reserves in Algeria decreased to 62000 USD Million in the third quarter of 2019 from 72600 USD Million in the first quarter of 2019. Foreign Exchange Reserves in Algeria averaged 134125 USD Million from 2013 until 2019, reaching an all time high of 194961 USD Million in the first quarter of 2014 and a record low of 62000 USD Million in the third quarter of 2019. This page provides - Algeria Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Maldives increased to 11580.70 MVR Million in December from 9300.10 MVR Million in November of 2019. Foreign Exchange Reserves in Maldives averaged 7652.29 MVR Million from 2010 until 2019, reaching an all time high of 14445.10 MVR Million in February of 2019 and a record low of 3402.28 MVR Million in October of 2010. This page provides - Maldives Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Argentina increased to 39189 USD Million in February from 38872 USD Million in January of 2020. Foreign Exchange Reserves in Argentina averaged 12982.04 USD Million from 1957 until 2020, reaching an all time high of 65345 USD Million in April of 2019 and a record low of 13 USD Million in February of 1972. In Argentina, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Argentina Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Botswana decreased to 6514 USD Million in November from 6723 USD Million in October of 2019. Foreign Exchange Reserves in Botswana averaged 7275.95 USD Million from 1998 until 2019, reaching an all time high of 10346 USD Million in April of 2008 and a record low of 5152 USD Million in October of 2003. This page provides - Botswana Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Mongolia decreased to 4015.50 USD Million in November from 4033.80 USD Million in October of 2019. Foreign Exchange Reserves in Mongolia averaged 1853.30 USD Million from 2006 until 2019, reaching an all time high of 4125.80 USD Million in December of 2012 and a record low of 326 USD Million in January of 2006. This page provides - Mongolia Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Georgia increased to 2706672 GEL Thousands in December from 2695791 GEL Thousands in November of 2019. Foreign Exchange Reserves in Georgia averaged 1347821.57 GEL Thousands from 2006 until 2019, reaching an all time high of 3219449 GEL Thousands in October of 2017 and a record low of 297495 GEL Thousands in July of 2006. This page provides - Georgia Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Laos increased to 997.25 USD Million in the fourth quarter of 2019 from 814.67 USD Million in the third quarter of 2019. Foreign Exchange Reserves in Laos averaged 661.13 USD Million from 2004 until 2019, reaching an all time high of 1179.78 USD Million in the second quarter of 2015 and a record low of 211.50 USD Million in the first quarter of 2004. This page provides - Laos Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Bhutan increased to 1136.80 USD Million in October from 1125.20 USD Million in September of 2019. Foreign Exchange Reserves in Bhutan averaged 892.65 USD Million from 2006 until 2019, reaching an all time high of 1902.60 USD Million in July of 2016 and a record low of 458.30 USD Million in April of 2006. This page provides - Bhutan Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Papua New Guinea increased to 2338.10 USD Million in December from 2210.10 USD Million in November of 2019. Foreign Exchange Reserves in Papua New Guinea averaged 2059.20 USD Million from 2013 until 2019, reaching an all time high of 3064 USD Million in October of 2013 and a record low of 1609.20 USD Million in May of 2018. This page provides - Papua New Guinea Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Exchange Reserves in Belize decreased to 294.20 USD Million in 2018 from 312 USD Million in 2017. Foreign Exchange Reserves in Belize averaged 173.08 USD Million from 1993 until 2018, reaching an all time high of 486.80 USD Million in 2014 and a record low of 34.10 USD Million in 1994. In Belize, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Belize Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The WIG decreased 13820 points or 23.40% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Poland. Historically, the Warsaw Stock Exchange WIG Index reached an all time high of 67933.05 in January of 2018. The Warsaw Stock Exchange General Index (WIG) is a major stock market index which tracks the performance of all domestic companies (investment funds are excluded) listed on the main market of The Warsaw Stock Exchange. It is a free-float, income base, total return index which includes dividends and pre-emptive subscription rights. The WIG Index has a base value of 1000 as of April 16, 1991.

The KASE decreased 95 points or 3.99% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Kazakhstan. Historically, the Kazakhstan Stock Exchange Index KASE reached an all time high of 2876.17 in July of 2007. The Kazakhstan Stock Exchange Index KASE tracks the performance of stocks at the Kazakhstan Stock Exchange in Almaty, Kazakhstan.