Common Reporting Standard (CRS) consultation

About the consultation

​​​​The Common Reporting Standard (CRS) has been approved by the G20 as the global standard for the automatic exchange of financial account information.

As part of the ongoing commitment to automatic exchange to prevent cross-border tax evasion, we have committed to the early adoption of the CRS.

On 29 October 2014, Jersey joined with the "Early Adopters Group" in signing a multilateral Competent Authority Agreement as a first step in the implementation of the CRS.

Download the CRS consultation document (size 262kb)​

What we want you to comment on

We want the views of the industry on a number of issues that could arise from the adoption of the CRS in Jersey.

This reflects a similar consultation issued by HMRC on 31 July 2014.

Implementing Agreements under the Global Standard on Automatic Exchange of Information to Improve International Tax Compliance consultation document on HMRC website

How to submit comments to the consultation

​This consultation is aimed at those within Jersey's finance industry. 

You can submit ​your response to the consultation online​. ​​

Complete the CRS consultation online

Alternatively, you can submit a paper response to William Byrne (Jersey Finance) or Colin Powell (States of Jersey).

​Jersey Finance website

Emai​l William Byrne

Email Colin Powell​