Common Reporting Standard ('CRS') Update

United Kingdom

Following the publication of our FATCA and CRS/DAC – What financial institutions should be doing alert on 20 October 2015, the OECD has now launched its portal on the automatic exchange of information. The portal includes information about the automatic exchange of information (‘AEOI’), the Common Reporting Standard (‘CRS’), implementation and monitoring. Further information, such as implementation by individual jurisdictions, will be added in due course.

Click here for a link to the portal.