Panama has outlined the principles under which it would sign up to the OECD’s programme of automatic exchange of information (AEOI).

A statement from the Foreign Minister of Panama, seen by eprivateclient, reiterates that the Central American jurisdiction is is ready to move forward with this commitment bilaterally but under the condition that "according to the capacity and national circumstances and the international geo political environment, the assurance of the of the right of each country to take measures to ensure that the AEOI is not used to undermine the competitiveness of some countries to the de...