That free-for-all will end if an OECD proposal to replace dual tax-treaty networks with a multilateralconvention is adopted.
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Around 45 countries have already signed the OECD's multilateralconvention, although Singapore's rival wealth management centres Switzerland and Hong Kong have not.
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Cameron has also asked them to sign up to the OECD's MultilateralConvention on Mutual Assistance in Tax Matters before the G8 meeting.
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Some forty multilateralconventions are renewed between Germany and the allied and associated powers, but special conditions are attached to Germany's readmission to several.
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A multi-lateraltreaty signed last month provides for the exclusively peaceful use of Antarctica, assured by a system of inspection.
Uso de multilateral treaty en inglés
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CITES, according to the organisation's website, is a multilateraltreaty that protects the illegal trade of endangered fauna and flora.
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In the decision, the court cited the American Convention on Human Rights, a multilateraltreaty signed by many countries in the Americas.
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Just like today, regulation would be based on multilateraltreaties.
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The executive orders would also begin a process to review and potentially abrogate certain forms of multilateraltreaties, the Times reported, citing unnamed officials.