Policy paper
Regulations to update the UK鈥檚 automatic exchange of information agreements
This tax information and impact note is about updated rules for the Organisation for Economic Co-operation and Development鈥檚 Common Reporting Standard (CRS).
Documents
Details
The regulations introduce new rules that expand the scope of the Common Reporting Standard (CRS) to:
- include electronic money institutions and certain e-money products
- exclude most charities
- a requirement to report additional information to improve usability of the data聽
The regulations also introduce a new mandatory registration requirement for financial institutions and reform the penalty provisions.
Updates to this page
Published 25 June 2025