Morocco approves AEOI agreement

On 30 January 2020, Morocco issued Bill No. 77-19 approving the multilateral agreement between Competent Authorities concerning the Automatic Exchange of Information (“AEOI”). The bill was signed by the Kingdom of Morocco (Link-French).

Morocco has been added to the OECD Common Reporting Standard (“CRS”) Multilateral Competent Authority Agreement signatories list on 25 June 2019 (Link-Blog). As the Convention is the premier instrument for the implementation of the Common Reporting Standard (“CRS”), the Convention should enable Morocco to fulfil the commitment to begin the first exchange of the information by September 2021 (Link).

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