Tax Transparency and Information Exchange Experts
3Rock helps governments and private sector entities implement and strengthen OECD-aligned tax transparency frameworks — our team includes former OECD Global Forum Secretariat, former DITC Head of Compliance and seasoned big 4 practitioners who have worked at the centre of the frameworks they now advise on.
What is international tax transparency and why is it important?
The G20's mandate to the Organisation for Economic Cooperation and Development (OECD) following the 2008 financial crisis was straightforward: create global standards that make it significantly harder to hide assets offshore. The result was a suite of interlocking frameworks —
the Base Erosion and Profit Shifting (BEPS) minimum standards; and recently
each addressing a different dimension of the same problem. These are not voluntary guidelines; they carry real consequences for jurisdictions that fail to implement them effectively, including reputational damage, financial sector restrictions, and placement on EU list of non-cooperative jurisdictions for tax purposes.
International tax transparency is built on a simple principle: that tax authorities should be able to access the information they need to ensure their residents are meeting their obligations, regardless of where assets are held or income is earned. Ending the era of bank secrecy and cross-border tax evasion requires coordinated global action — and that coordination is the mandate of the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum). The OECD Forum for Harmful Tax Practices is the body that monitors and reviews the BEPS minimum standards, including Action 5: Harmful Tax Practices, which are designed to prevent entities from shifting profits to preferential regimes or low or nominal tax jurisdictions to avoid paying tax where economic activity actually occurs.
OECD peer reviews on effective implementation of tax standards, as well as compliance and enforcement activities within jurisdictions, aim to uncover what’s hidden beneath the iceberg — 3Rock's advisors are experts in these frameworks, advising both private sector entities and governments on implementation, compliance, and peer review preparation.
What are 3Rock’s practice areas?
From OECD peer review preparation to CRS & FATCA compliance, our team brings direct experience from inside the frameworks we advise on. Whether you are a tax administration looking to strengthening your implementation or improve a peer review rating, or a Financial Institution managing your reporting obligations, 3Rock provides the technical depth and practical judgement your work demands.
Government Advisory
3Rock provides OECD peer review support and advisory services to government tax administrations and competent authorities to assist with implementation of tax information exchange frameworks.
Our technical expertise and hands-on experience in both the implementation of international tax information exchange frameworks, and as assessors in OECD peer reviews, position 3Rock's team among the most credentialed in CRS, FATCA, EOIR, and CARF advisory globally.
Private Sector Tax Compliance
3Rock provides compliance, reporting and due diligence support services for Financial Institutions under the CRS & FATCA, Relevant Entities under Economic Substance (ES), and Reporting Crypto-Asset Service Providers (RCASPs) under the CARF.
Our comprehensive approach ensures reporting is carried out in a timely manner, the information submitted is defensible under regulator scrutiny, and the risk of enforcement actions and administrative fines is mitigated.
Who are the people behind 3Rock?
Dean Lynee
Dean has over 25 years of private sector advisory experience in the Cayman Islands, supporting investment funds, trusts, and corporate structures across the full compliance lifecycle — from onboarding and risk assessment through to CRS and FATCA reporting. He has served as Principal Point of Contact for Financial Institutions at EY, MUFG, Morval Bank & Trust, and Tri-Bridge Compliance, bringing both advisory and in-house compliance perspectives to every engagement.
Kuralay Baisalbayeva
Kuralay spent over five years at the OECD Global Forum Secretariat in Paris as lead Secretariat Assessor for AEOI and EOIR effectiveness peer reviews, contributing to the assessment of more than 25 jurisdictions across both rounds. Prior to the OECD she worked at PwC advising on large-scale government implementation projects. She is based in Spain and advises tax administrations and competent authorities across Europe, the GCC region, and Asia.
Craig Thomas
Craig is the former Head of Compliance at the Cayman Islands DITC, where he led the implementation of CRS, FATCA, Economic Substance, and CARF and managed risk assessment, compliance investigations, and enforcement actions. He represented the Cayman Islands as a delegate to the OECD Global Forum and is a trained AEOI assessor with four second-round peer review assessments — bringing direct experience from both sides of the frameworks 3Rock advises on.
Connect with 3Rock
Whether you are a tax administration preparing for a peer review, a financial institution navigating your reporting obligations, or an organisation seeking expert guidance on international tax transparency frameworks — 3Rock is here to help.
For general enquiries email us at info@3rock.ky.