Article: OECD RECOGNIZES CAYMAN ISLANDS AS COOPERATIVE JURISDICTION.

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GRAND CAYMAN, Cayman Islands, June 20 PRNewswire-AsiaNet - The Cayman Islands reinforced its position as a major international financial centre through constructive engagement with the OECD, leading to recognition of the Cayman Islands as a cooperative jurisdiction.

The commitment to embrace international standards for transparency and exchange of information means that the Cayman Islands will not appear on the OECD list of 'tax havens' to be published following the next meeting of OECD Ministers on 26 June.

Following meetings which culminated in May of this year, the Cayman Islands Government ...

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