***International community continues movement towards greater tax transparency***

The [Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency/) has released ten new Peer Review Reports. A release from the OECD says the reports allocated ratings for compliance with the individual elements of the international standard, as well as an overall rating for each of the eight jurisdictions undergoing a Phase 2 review.

* [Switzerland](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-switzerland-2016-9789264258877-en.htm)

* [Albania](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-albania-2016-9789264258730-en.htm)

* [Cameroon](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-cameroon-2016-9789264258754-en.htm)

* [Gabon](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-gabon-2016-9789264258792-en.htm)

* [Pakistan](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-pakistan-2016-9789264258839-en.htm)

* [Saint Lucia ](http://www.oecd.org/tax/transparency/global-forum-supplementary-report-saint-lucia.pdf)

* [Senegal](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-senegal-2016-9789264258853-en.htm)

* [United Arab Emirates](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-united-arab-emirates-2016-9789264258891-en.htm)

* [Ukraine](http://www.oecd.org/tax/transparency/global-forum-on-transparency-and-exchange-of-information-for-tax-purposes-peer-reviews-ukraine-2016-9789264258716-en.htm)

* [Liberia](http://www.oecd.org/tax/transparency/global-forum-supplementary-report-liberia.pdf)

This makes 235 peer reviews completed by the Global Forum, with compliance ratings assigned to 101 jurisdictions that have undergone Phase 2 Reviews. Of the remaining, twenty-two jurisdictions are rated “Compliant,” 67 are rated “Largely Compliant,” and 12 are rated “Partially Compliant”. There are still 7 jurisdictions which remain blocked from moving to a Phase 2 review, due to insufficiencies in the legal and regulatory framework. The supplementary reviews of five of these jurisdictions are under way.

The OECD confirms that Global Forum members are also working together to monitor and review the implementation of the [international standard for the automatic exchange of tax information](http://www.oecd.org/tax/automatic-exchange/common-reporting-standard/) for which exchanges are to start in 2017. The monitoring and review process is intended to ensure the effective and timely delivery of the commitments made, the confidentiality of information exchanged and to identify areas where support is needed. It is also assisting its developing country members to ensure that they can also receive the benefits of the ongoing global move to automatic exchange of financial account information.

[Global Forum Ratings](http://www.oecd.org/tax/transparency/GFratings.pdf)