Tag Archives: banking secrecy

51 countries declare banking secrecy ‘obsolete’, sign pact in Berlin [RT]

Published time: October 30, 2014 16:18

(1st row LtoR) Spanish Finance Minister Luis de Guindos Jurado, British Finance Minister George Osborne, Organisation for Economic Co-operation and Development (OECD) Secretary General Angel Gurria, German Finance Minister Wolfgang Schaeuble, French Finance Minister Michel Sapin and Italian Finance Minister Pier Carlo Padoan pose with participants at a press conference after the signing of the Multilateral Competent Authority Agreement by more than 80 countries on October 29, 2014 in Berlin, as part of the Berlin Tax Conference. (AFP Photo)
(1st row LtoR) Spanish Finance Minister Luis de Guindos Jurado, British Finance Minister George Osborne, Organisation for Economic Co-operation and Development (OECD) Secretary General Angel Gurria, German Finance Minister Wolfgang Schaeuble, French Finance Minister Michel Sapin and Italian Finance Minister Pier Carlo Padoan pose with participants at a press conference after the signing of the Multilateral Competent Authority Agreement by more than 80 countries on October 29, 2014 in Berlin, as part of the Berlin Tax Conference. (AFP Photo)

Finance ministers from over 51 countries signed an agreement in a step closer to ending the dark financial underworld of tax-evasion and money-laundering. Another 30 countries pledged to join by 2018.
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