On 27 January 2012 it was reported that Malta has welcomed the signing of a Tax Information Exchange Agreement (TIEA) with Gibraltar. Under the agreement both countries will provide tax information on request when there is evidence of fiscal crime.
The High Commissioner of Malta in London signed on behalf of the government of Malta and Gibraltar’s Minister with responsibility for Financial Services, signed on behalf of the government of Gibraltar, at the Malta High Commission, London.
Both signatories confirmed the agreement included all standard means to ensure due process was followed in tax information requests, including, for example, provisions to protect confidentiality of information.