FBR has been awarded ISO-27001 Certification by Resource Inspection Canada Incorporated in respect of Data Center, AEOI center and AEOI Zones A delegation of HMRC, including the security expert, visited FBR in July, 2017 to assist in implementation of AEOI Standard. Pakistan has signed the CRS- MCAA in June, 2017 An OECD/ HMRC team comprising of Mr. Donal Godfrey, Mr. Lloyd Garrichinho, and Mr. Jon Swerdlow visited Karachi for facilitation and education of the financial industry in May, 2017.

Philippines (Article 26)

1. The competent authorities of the Contracting States shall exchange such information as is necessary for carrying out the provisions of this Convention or of the national laws of the Contracting States concerning taxes covered by the Convention insofar as the taxation thereunder is not contrary to the Convention. Any information so exchanged shall be treated as secret in the same manner as information obtained under the national laws of that State and shall be disclosed only to persons or authorities concerned with the assessment, collection, or enforcement of, or litigation with respect to the taxes which are the subject of this Convention. 2. In no case shall the provisions of paragraph 1 be construed so as to impose on one of the Contracting States the obligation: (a) to carry out administrative measures at variance with the laws or the administrative practice of that or of the other Contracting State; (b) to supply information which is not obtainable under the laws or in the normal course of the administration of that or of the other Contracting State; (c) to supply information which would disclose any trade, business, industrial, commercial or professional secret or trade process, or information, the disclosure of which would be contrary to public policy.


Director General
Dr. Muhammad Ashfaq Ahmed
Secretary (EOI)
Ms. Sajida Kausar