Monaco keeps top OECD tax transparency rating
By Zak Jackson, MonacoViews Editorial
The OECD's Global Forum has confirmed Monaco's highest possible rating for tax information exchange in its enhanced follow-up report published on 19 June.
The Global Forum on Transparency and Exchange of Information for Tax Purposes published its enhanced follow-up report on Friday, 19 June, confirming that Monaco retains the highest possible compliance rating for its exchange of tax information practices. The assessment covers how the Principality collects, maintains and shares financial data with partner jurisdictions under internationally agreed standards.
For residents, property owners and businesses operating in Monaco, the rating carries practical weight. It signals that Monaco's legal and administrative frameworks meet the bar set by the world's leading intergovernmental economic body, a distinction that matters when structuring cross-border arrangements or satisfying due diligence requirements with foreign banks, advisers and counterparties.
The result continues a run of positive OECD assessments for Monaco, reflecting sustained work by the government to align domestic rules with evolving global transparency standards. The full enhanced follow-up report is available through the OECD Global Forum's official publications.