South Africa: FAQs on CRS, issued in draft form | KPMG | GLOBAL
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South Africa: FAQs on CRS, issued in draft form

South Africa: FAQs on CRS, issued in draft form

The South African Revenue Service issued a draft list of “frequently asked questions” (FAQs) as common reporting standard (CRS) guidance. A “briefing note” was also issued for comments which are due on or before 2 September 2016.


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The FAQs are intended to provide guidance on interpretive questions from financial institutions to enable them to gain a better understanding of the CRS regulations in South Africa. The draft FAQs are dated 24 August 2016.


Read the FAQs on the CRS [PDF 635 KB]


Read an August 2016 report [PDF 54 KB] prepared by the KPMG member firm in South Africa

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