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View all search resultsA core element in ensuring effective implementation of the Automatic Exchange of Financial Account Information (AEOI) is that participating jurisdictions shall put in place anti-abuse rules to prevent any practices intended to circumvent the reporting and due diligence procedures.
The government's latest regulatory gaffe related to the new import restrictions for international travelers shows how important it is to consult stakeholders, including the public, experts and experienced staff, before issuing any new rule, let alone implementing it.
President Joko “Jokowi” Widodo passed the baton of the Group of 20 presidency to India this week, ushering in the next stage of a four-year period of emerging economies chairing the group, as experts stress the importance of continuity and follow-through in G20 policy.
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