The Organisation of Economic Cooperation and Development (OECD) has proposed the automatic exchange of information between countries and the creation of digitalised ownership registers for real estate. The move comes amid concerns about foreign investments being used to hide undeclared assets. The OECD also recommends the interconnection of digitalised ownership registers accessible to relevant government agencies on a real-time basis.
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Law Decree implementing EU Regulation 2022/858, containing urgent provisions on issuance and circulation of financial instruments in digital form, was published in the Official Gazette.