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OECD launches Automatic Exchange of Information Portal
Closing the distance
13 October 2015 | FATCA and CRS news
The Organisation for Economic Cooperation and Development (“OECD”) launches the Automatic Exchange of Information (“AEOI”) Portal
On October 13, 2015, the OECD launched the AEOI Portal, a webpage intended to provide a comprehensive overview of the OECD’s progress in implementing the Common Reporting Standard (“CRS”). The portal content includes a historical timeline and background on information exchange, guidance and materials, details on the international framework for CRS exchange relationships, information on and assistance with implementation, and an explanation on the commitment and monitoring process. The AEOI Portal is expected to be a central repository for CRS-related information and guidance, and, as jurisdictions continue to release guidance, the portal will be a valuable source for current publications and relevant materials that should be consulted on a regular basis.