G20 agreement set to boost onshore and emerging wealth management markets
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5 August 2009 | Published by Datamonitor
London. Earlier this year, leaders of the G20 nations reached a historic agreement which will force every country that was previously a tax haven to exchange tax information on request. This has led to a number of US and European initiatives, including tax amnesties, which could see onshore and emerging wealth management centers prosper as wealthy individuals look for alternative destinations.
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Susan Ellis, wealth and investments senior analyst with Datamonitor, is available for comment.
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