Jersey is to sign a Tax Information Exchange Agreement (TIEA) with the UK today, one of a number of steps it is taking to ensure that it complies with all international standards of financial regulation and that it receives “clear political recognition” at the G20 Summit in London in April.
Jersey is to sign a Tax Information Exchange Agreement (TIEA) with the UK today, one of a number of steps it is taking to ensure that it complies with all international standards of financial regulation and that it receives “clear political recognition” at the G20 Summit in London in April.
The agreeement, part of an ongoing programme that began with Jersey’s first TIEA with the USA in 2002, will be signed by Jersey’s Chief Minister, Senator Terry Le Sueur and the UK’s Financial Secretary to the Treasury, Stephen Timms in London.
Le Sueur described the programme as one that “confirms our commitment to the OECD standards of tax information exchange, and demonstrates our willingness to comply with international standards of financial regulation, anti-money laundering, and combating the financing of terrorism.”
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