At a meeting with the press on Friday, December 16, Finance Minister Jean Castellini, reiterated Monaco’s commitment to implement the automatic exchange of financial account information in time to commence exchanges in 2018. This followed the signing on December 14 of the CRS Multilateral Competent Authority Agreement and the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports, which are both based on Article 6 of the Mutual Administrative Assistance in Tax Matters Convention. Mr Castellini gave an overview of the year and how financial institutions will start to … Continue reading Monaco Minister of Finance: Non-residents and the exchange of financial information