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CRS Newsletter

Transparency to an evolving landscape

​On January 1, 2016, the Common Reporting Standard (CRS) regime came into effect in several jurisdictions. Similar to FATCA, the CRS regime will differ among the implementing jurisdictions, and change with constant developments. In an attempt to provide transparency to this evolving landscape, a summary of updates is distributed via a monthly CRS newsletter. The monthly newsletter contains key updates on CRS signatories, regulations, guidance, and other related news.

CRS updates: October 2017

An overview of key updates on CRS signatories, regulations, guidance, and other related news from the respective country competent authority websites.

OECD update
OECD’s representatives at the SIFMA conference announced that the OECD will be updating its CRS handbook to include, among other items, a more detailed chapter of trusts. The expected release date for the updated CRS handbook is late November or early December.

Country updates

  • Anguilla
  • Liechtenstein
  • Bahamas
  • Mexico
  • Belize
  • Monaco
  • Bermuda
  • Netherlands
  • Colombia
  • Peru
  • Costa Rica
  • Russia
  • Hong Kong
  • Singapore
  • Ireland
  • Switzerland
  • Japan
  • Vietnam
  • Jersey
 


Download the full newsletter to read details about each country's update from the country competent authority websites.

Archived newsletter editions

  • August 2017: This newsletter includes updates on following countries: Anguilla, Australia, Belgium, British Virgin Islands, Cayman Islands, Canada, France, Hong Kong, Ireland, Japan, Liechtenstein, Monaco, and Singapore.
  • July 2017: This newsletter includes updates on following countries: Bahamas, Bermuda, Cayman Islands, Chile, Germany, Gibraltar, Hong Kong, Ireland, Italy, Jersey, Luxembourg, Malta, Pakistan, Russia, Seychelles, Singapore, Turkey, and United Arab Emirates.
  • June 2017: This newsletter includes updates on following countries: Australia, Bahamas, Bahrain, Belgium, Bermuda, British Virgin Islands, Cayman Islands, Cyprus, Czech Republic, France, Germany, Guernsey, Hong Kong, India, Ireland, Island of Man, Luxembourg, Macao, Mexico, New Zealand, Singapore, and South Africa.
  • May 2017This newsletter includes updates on following countries: Anguilla, Argentina, Bahrain, Belgium, Cayman Islands, China, Germany, Guernsey, Gibraltar, Hong Kong, Indonesia, Lebanon, Luxembourg, Monaco, Panama, Spain, Trinidad and Tobago, Turkey, and United Kingdom.
  • April 2017: This newsletter references the OECD release of the Second Edition of the Standard for Automatic Exchange of Financial Account Information in Tax Matters and new CRS FAQs and includes updates on following countries: Australia, Bahamas, Bermuda, British Virgin Islands, Cayman Islands, Guernsey, Hong Kong, Indonesia, Liechtenstein, Malta, New Zealand, Pakistan, Singapore, South Africa, Spain, and United Kingdom.
  • March 2017: This newsletter includes country updates from: Bahamas, Belgium, British Virgin Islands, Canada, Cayman Island, Germany, Guernsey, Hong Kong, Italy, Ireland, Japan, Luxembourg, New Zealand, Poland, Sweden, and United Kingdom.
  • February 2017: This newsletter includes country updates from: Bahrain, Cayman Islands, Costa Rica, Denmark, Luxembourg, New Zealand, Singapore, South Korea, Sweden, and Switzerland.
  • January 2017: This newsletter includes an European Union update and country updates from Canada, Cayman Islands, Jersey, Luxembourg, Malaysia, Mexico, Spain, Sweden, Switzerland, and Uruguay.
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