Report of blacklisting shakes up officials in finance ministry

As Costa Rica is poised to join the Organisation for Economic Co-operation and Development, officials were rattled Monday by a wire service report saying that France had again listed the country as a so-called fiscal paradise. That means a country with low controls on the transfer of money.

The Ministerio de Hacienda quickly shot out a release denying this. The ministry said that Costa Rica has not had any official word on being placed on any blacklist. In addition, the ministry said that a check with the French Embassy and French officials in México failed to uncover in any information on such a listing.

The ministry also said that for the last four years the country has been working to tighten its financial oversight and that officials have signed 14 agreements to exchange information on tax cases.

Costa Rica had been listed by French in years past, but in 2012 it signed the appropriate agreements for an exchange of financial information on persons banking here, said the ministry.

And the Organisation for Economic Co-operation and Development has even advanced the country toward membership, the ministry said.

Anabel González, the minister of Comercio Exterior was in Paris Monday at the organization headquarters working to enroll the country, her ministry reported. This would be a prestigious achievement for the Laura Chinchilla administration to be listed among the most advanced countries.

This entry was posted in Costa Rica News. Bookmark the permalink.