Financial Regulatory Forum

INTERVIEW-Bahamas not planning to change offshore laws -PM

Residents of Ocean Isle Beach stand at the end of a road to watch the tide come in as Tropical Storm Hanna makes its way toward the coast of the Carolinas in Ocean Isle, North Carolina September 5, 2008. Tropical Storm Hanna was off the east coast of Florida as it moves away from the Bahamas toward the Carolina coast. Hanna was located about 110 miles east of Daytona Beach, Florida, and 375 miles south-southwest of Wilmington, North Carolina. REUTERS/Chris Keane (UNITED STATES)    By Tom Brown
    MIAMI, Sept 29 (Reuters) – Bahamas will cooperate with specific investigations into suspected tax evaders and fraudsters but will not change its bank secrecy laws to allow
“fishing” in its offshore finance sector by foreign investigators, the country’s prime minister said on Tuesday. (more…)

Swiss say to be removed from tax haven list

Swiss President and Finance Minister Hans-Rudolf Merz speaks to members of the National Council during the autumn parliament session in Bern September 22, 2009. REUTERS/Pascal Lauener (SWITZERLAND POLITICS) By Lisa Jucca and Sven Egenter
ZURICH, Sept 24 (Reuters) – Switzerland expects to be taken off the OECD’s list of tax havens after the country signed the required 12th tax deal on Thursday.

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Swiss tax info came from banks, informers -France

PARIS, Aug 31 (Reuters) – France obtained the names of 3,000 suspected tax evaders with Swiss bank accounts from banks and unpaid informers, Budget Minister Eric Woerth said on Monday.

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Luxembourg says removed from tax haven “grey list”

Luxembourg Treasury Minister Luc Frieden     LUXEMBOURG, July 8 (Reuters) – Luxembourg has been removed from a “grey list” of countries seen by the OECD as lacking financial transparency, Budget Minister Luc Frieden said on Wednesday.
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