Global Forum definition
Examples of Global Forum in a sentence
Additional representatives will be drawn from multilateral organizations, a constituency of donor foundations, and the Global Forum on Agricultural Research.
Notwithstanding this obligation, the Parties agree that the Fund will not earn income.
Children’s Environmental Health II: A Global Forum for Action, Washington, D.C., September 8-11, 2001.
Some Global Forum members are undergoing combined – Phase 1 and Phase 2 – reviews.
This led to an increase of $400 billion inthe GDP and $100 billion in the tax revenue of developing countries during that period.Against this backdrop, there have been multiple reforms aimed at tackling illicit activities, such as tax evasion and money laundering, that can be conducted through IFCs and other ‘onshore’ financial centres.The G20-hosted Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) has spearheaded reforms to tackle tax evasion.
GRE will be informed about considerations of the Global Forum for Road Traffic Safety (WP.1) at its recent session and about liaison between GRE and WP.1 on common issues.
Fishing expeditions are not authorised but all foreseeably relevant information must be provided, including bank information and information held by fiduciaries, regardless of the existence of a domestic tax interest or the application of a dual criminality standard.All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed.
The Global Forum has also put in place a process for supplementary reports to follow-up on recommendations, as well as for the ongoing monitor- ing of jurisdictions following the conclusion of a review.
More than 150 countrieshave committed to implementing these ‘powerful tools’ by 2018, including all of the major IFCs (Global Forum, 2017a).Similarly, the FATF has established global standards for combatting money laundering and terrorist financing that are proving to be effective.
These confidentiality obligations are evaluated by the Global Forum on Transparency and Exchange of Information for Tax Purposes through its implementation monitoring programme.