Reuters, 12 Mar 2009, Lisa Jucca
ZURICH, March 12 (Reuters) - Blacklisted tax havens Andorra and Liechtenstein relaxed their strict bank secrecy rules on Thursday in the face of a global crackdown that looks set to force top offshore centre Switzerland to open up soon.
The moves come as finance ministers from the G20 group of developed and emerging countries prepare to meet in Britain from Friday ahead of a summit in London on April 2 that is expected to seek ways to fight offshore tax evasion.
Other offshore centres have already taken steps to improve tax co-operation. Singapore, a rising financial centre and Switzerland's biggest new rival, agreed to embrace the OECD standards earlier this month.
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