Switzerland is expected to continue efforts for the automatic exchange of information (AEoI) with 38 partner states beginning 2017.
In December 2015, the Swiss Parliament ratified the law for implementation of the automatic exchange of information. Unless a referendum is called against it, nothing will prevent the AEoI from taking effect as of 1 January 2017. Given the AEoI is a globally standardized regulation, individual countries have rather little leeway in its implementation. EU Member States have introduced the AEoI with an effective date of 1 January 2016, so that the first exchange of data will be in the year 2017 regarding 2016 data.
Read a March 2016 blog article prepared by the KPMG member firm in Switzerland: The AEoI will enter into force in less than a year
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