Bermuda amends CRS List of Reportable Jurisdictions

On 4 April 2019, the Ministry of Finance in Bermuda released an updated List of Reportable Jurisdictions under the Common Reporting Standard (“CRS”). With the newly added countries Antigua and Barbuda, Azerbaijan, Barbados, Monaco, Pakistan, Panama and Switzerland, a total of 62 countries are on the list of jurisdictions that are to be treated as Reportable Jurisdictions for purposes of the CRS for the 2018 reporting period, who will receive 2018 calendar year CRS information from Bermuda in 2019 (Link).

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