French Minister for Economy, Industry and Employment Christine Lagarde (R) and her Singaporean counterpart Tharman Shanmugaratnam leave a signing ceremony after they signed a tax protocol in Singapore on November 13, 2009. Singapore has cleared the final hurdle for complying with stricter standards for global banking centres after signing an agreement with France on the sharing of tax information. Getty Images logo Getty Images 27 months ago

French Minister for Economy, Industry and Employment Christine Lagarde (R) and her Singaporean counterpart Tharman Shanmugaratnam leave a signing ceremony after they signed a tax protocol in Singapore on November 13, 2009. Singapore has cleared the final hurdle for complying with stricter standards for global banking centres after signing an agreement with France on the sharing of tax information.