MONACO, 15 JUNE 2018, HOTEL METROPOLE, 9.00-12.30
Which arrangements must be reported? Which intermediaries must report?

On 10 March 2018 OECD published the Mandatory Disclosure Rules for Addressing CRS Avoidance Arrangements and Offshore Structures. The MDR target, under threat of penalty for non-compliance, promoters and service providers with material involvement with the design, marketing or implementation of CRS avoidance arrangements or offshore structures. Contentiously, all legitimate exemptions and exclusions are effectively revoked, such as non-reportable FIs, non-reportable accounts, non-financial accounts, opaque structures holding property. Rules are retroactive as from July 2014.
> Purpose and goal of Mandatory Disclosure Rules
> Hallmarks of arrangements
> Hallmarks of offshore structures
> Who is an Intermediary?
> Triggers for reporting?