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The Year of Transparency’s Tipping Point

The Year of Transparency’s Tipping Point

More countries are requiring an exchange of client information

In 2014, we saw a marked increase in transparency regarding foreign assets. The United States took the lead, and other countries followed suit. It looks like we’ve reached the tipping point, that is, “the magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire.”1 

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