Monaco: Updated CRS guidance | KPMG | GLOBAL

Monaco: Updated common reporting standard (CRS) guidance

Monaco: Updated CRS guidance

Updated guidance on implementation of the automatic exchange of financial account information in tax matters is intended to help financial institutions determine their obligations under the common reporting standard (CRS) regime.

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The new guidance concerns:

  • Identifying reporting financial institutions and reportable accounts
  • Application of the due diligence procedures 
  • Preparation and submission of declarations

 

Read a November 2017 report [PDF 100 KB] prepared by Fidal* in France

* Fidal is a French law firm that is independent from KPMG and its member firms.

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