All posts tagged "G7"
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312AML / KYCG7 Leaders Commit to Acting on Corruption, Shell Companies
The communique highlights a need to tackle the misuse of shell companies and curtail the ability of illicit actors to hide wealth, including in real estate.
June 14, 2021 -
171EuropeUK Forms New Advisory Group to Work on Taxonomy
The Green Technical Advisory Group will advise the government on developing and implementing a green taxonomy in the UK context.
June 11, 2021 -
237Fintech / RegtechG7 Leaders Pledge to Develop Common Principles for CBDCs
CBDCs should operate within appropriate privacy frameworks and minimise spillovers, the G7 Finance Ministers said in a communique.
June 8, 2021 -
759AML / KYC
G7 Backs – but Looks Beyond – Mandatory Climate Disclosures
TCFD, IASB frameworks endorsed; communique also calls for progress on impact, nature-based and beneficial ownership reporting.
June 7, 2021 -
177Feature
G7 Finance Ministers Agree on 15pc Global Minimum Tax Rate
The global minimum tax will end the race-to-the-bottom in corporate taxation and ensure fairness for the middle class and working people, Janet Yellen said.
June 7, 2021 -
250International
G7 to Agree Global Corporate Tax at July Meeting – Report
A G7 draft communique said a global minimum corporate tax will be agreed to help alleviate the strain on public finances.
June 1, 2021 -
202Europe
G7 Close to Deal on Global Minimum Corporate Tax Rate
A US Treasury's proposal to accept a global minimum corporate tax rate of 15% has reportedly been met with enthusiasm in Europe.
May 25, 2021 -
184InternationalGroup of Seven Agrees to ‘Sizeable’ Increase in IMF Reserves
The G7 has also agreed to work with the IMF to enhance transparency and accountability around the usage of SDRs.
March 25, 2021 -
333Fintech / Regtech
Japan Finance Minister to Take CBDC Debate to G7 Meeting
Taro Aso said at a press conference that he thinks it’s important to "thrash out" policy measures regarding digital currency issued by central banks.
February 11, 2021 -
2.8KAML / KYCG7 Calls for Global Adoption of FATF Standards on VASPs
Effective implementation of the FATF Standards, including the 'travel rule', is needed to combat a recent surge in ransomware attacks.
October 16, 2020
