Why is the EU removing Switzerland and UAE from tax haven lists?

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EU to Delist Switzerland and UAE from Tax Haven Lists

The European Union is poised to remove Switzerland and the United Arab Emirates (UAE) from its lists of countries considered tax havens, a move anticipated to take effect following a meeting of EU finance ministers on October 10. The UAE and the Marshall Islands are expected to be delisted from the EU's blacklist, while Switzerland will be removed from the associated grey list.
Delisting from the EU Blacklist

The UAE and the Marshall Islands are set to be removed from the EU's blacklist, a designation for jurisdictions that have not cooperated with the bloc on tax matters. Inclusion on this list signifies a failure to meet international standards for tax transparency and fair tax competition as assessed by the EU. The specific reasons for their initial inclusion and the subsequent actions that have satisfied EU requirements for their removal are not detailed in the provided information.
Switzerland's Removal from the Grey List

Switzerland will be delisted from the EU's grey list, which comprises countries that have committed to reforming their tax rules to align with EU standards. The document indicates that Switzerland has successfully fulfilled these commitments, leading to its proposed removal from this list. The nature of the specific tax rule changes Switzerland pledged to implement and has since delivered upon are not elaborated upon in the provided content.

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Why is the EU removing Switzerland and UAE from tax haven lists?

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