Hong Kong is broadly compliant in its implementation of the international standards of transparency and exchange of information for tax purposes, a review of OECD’s global forum was announced at its meeting in Jakarta on November 2013.

However, they have made a number of recommendations planned to further strengthen Hong Kong’s overall compliance with the exchange of information procedures. The Global Forum has been conducting peer reviews of a large number of jurisdictions with a view to assessing the extent to which they are complying with international standards of transparency and information exchange.