EU close to anti-fraud deal with Liechtenstein

The European Union is close to reaching an anti-fraud agreement with Liechtenstein that could pave the way for negotiations on a similar accord with Andorra, Monaco, San Marino and Switzerland.

The agreement aims to fight fraud and financial crime, and strengthen co-operation on battling tax evasion. The European Commission has been pressing third countries in Europe for several years to sign up to tougher disclosure requirements and a greater exchange of information.

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