“This type of formal recognition from the OECD, the leading international body of its type, is further evidence of Jersey’s strong track record in complying with international standards on information exchange and tax transparency. The work referenced in the letter, including the pilot five nation multilateral automatic tax information exchange initiative; the action plan on beneficial ownership and the multilateral convention on mutual administrative assistance in tax matters are all examples of how global standards can be developed in a clear and coordinated way.” 

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