The heads of state and government of the G20 have approved the OECD criteria to identify non-cooperative jurisdictions in matters of tax transparency, at the summit held in China on Sunday 4 and Monday 5 September.
Between now and July 2017, the OECD has been tasked with preparing a list of jurisdictions which have not made sufficient progress towards a "satisfactory implementation level of the recognised international standards on tax transparency", the final statement of the G20 reads.