European Commission Recommendation to Amends Exchange Agreements with Andorra, Liechtenstein, Monaco, San Marino, and Switzerland

The European Commission has presented a Recommendation for a Council Decision to authorize negotiations for amendments to the agreements on the automatic exchange of financial account information with Andorra, Liechtenstein, Monaco, San Marino, and Switzerland. The context of the recommendation is as follows:

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1. CONTEXT OF THE RECOMMENDATION

Reasons for and objectives of the Recommendation

Between 2015 and 2016 the European Union (EU) signed and concluded five agreements on the aut…