Caribbean Financial Action Task Force Adopts Resolution on OECD Harmful Tax Competition Report

On November 19, 1998, the Caribbean Financial Action Task Force (CFATF), at a meeting in the Cayman Islands, adopted a resolution appointing a working group to study the OECD Harmful Tax Competition Report, the proposals of the G7 and the OECD to link these initiatives with the work of the FATF and implicitly with the CFATF, and to report to the CFATF Plenary and Council on their implications and recommendations on the appropriate response of the Members of the CFATF... [more]