With 161 members the global forum on transparency and exchange of information for tax purposes is the leading international body working on the implementation of global transparency and exchange of information standards around the world. Global forum on transparency and exchange of information for tax purposes peer reviews guernsey 2013 phase 2 implementation of the standard in practice this report contains the phase 2 implementation of the standard in practice review for guernsey as well as revised version of the phase 1 legal and regulatory framework review already released for this jurisdiction the global forum . The global forum on transparency and exchange of information for tax purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 130 jurisdictions which participate in the work of the global forum on an equal footing the global forum is charged with in depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes