Such evasion was facilitated by bank secrecy and other confidentiality laws.

Override of bank secrecy and other confidentiality laws in the transmitting State

(d) Whether the obligation to exchange information should override bank secrecy and other confidentiality laws in the transmitting State

153. There was a general comment on the title of chapter VIII, suggesting that quot secrecy quot be changed to quot confidentiality quot .

The most significant recent development is that exchange of information provisions in tax treaties should override bank secrecy and other confidentiality laws in the transmitting State.

Also, Governments have taken other initiatives against bank secrecy and other confidentiality laws in non tax matters, in cases, for example, of money laundering, corruption, financing of terrorism and other crimes.

A possible response would be to restrict bank secrecy and other confidentiality laws in tax matters, as well as to institute uniform rules and standards on tax havens in all countries.

Secrecy

Confidentiality

Confidentiality

The 2000 OECD report (preface and chaps. 1, 2 and 3) also stressed the importance of ensuring that exchange of information provisions in tax matters would override bank secrecy and other confidentiality laws.

So we have both confidentiality confidentiality and integrity for files stored on disk.

The OECD Model TIEA (article 5 (4)) provides in effect for an override in certain instances of bank secrecy and other confidentiality rules (see the Commentary on the OECD Model TIEA, paras.

Bank secrecy

Confidentiality (art.

Confidentiality 55

Confidentiality arrangements

(6) Confidentiality

Conflict of interest and confidentiality

Governments have thus been pressured into broadening the scope of exchange of information clauses in international agreements, including efforts to impose greater limitations on bank secrecy and other confidentiality laws in tax matters.

No more secrecy.

Confidentiality 122 81.

Confidentiality of data

Article 45. Confidentiality

Cooperation on cases, confidentiality and leniency

Why all this secrecy?

Confidentiality of documents and proceedings 150 73.

E. Rules concerning confidentiality

E. Rules concerning confidentiality

Article 41 septies. Confidentiality

But with Charles, everything is secrecy and lies.

Our only defense is secrecy.

Confidentiality of communications 120 75.

There is so much darkness and secrecy surrounding them.

The matter was complicated, and his concern wasn t confidentiality.

Mr. Webster's whole strategy is secrecy.

Such information is treated with confidentiality.

quot SECRECY OF THE COMMISSION apos S WORK AND DOCUMENTS

quot SECRECY OF THE COMMISSION apos S WORK AND DOCUMENTS

In this regard, it was observed that mechanisms for executive clemency did not constitute an adequate means of redress because such measures were different from judicial remedies, tended towards confidentiality or secrecy, and excluded standards of legal due process and equality of the parties.

Perversely, it will lead to greater secrecy.

(vi) Guarantees the secrecy of the ballot

So, this is perfect secrecy in action.

This society survives by its secrecy only.

The 1998 OECD report (paras. 18, 46, 47, 49, 52 54, 59, 62, 64 67, 73, 75, 95 and 113 117) stressed the need for effective exchange of information and emphasized that bank secrecy and other confidentiality laws were an obstacle to the effective exchange of information.