| The OECD (Organisation for economic co-operation and development) announce that the Republic of the Marshall Islands has made a commitment to implement a programme to improve transparency and to establish effective exchange of information in tax matters.
As a result the Marshall Islands becomes the second country in the past month, following Liberia, to be removed from the OECD’s list of unco-operative tax havens. Only 3 countries remain on the OECD’s list of unco-operative tax havens: Andorra, Liechtenstein and Monaco. | 
