The FTA has updated the technical guidelines on the Common Reporting Standard for financial account information (“CRS”).
This takes into account the new reporting requirements resulting from the revision of the CRS, which has been in effect in Switzerland since January 1, 2026.
In particular, the new version clarifies the technical requirements related to the use of the OECD's CRS XML Schema 3.0. The CRS XML Schema 3.0 must be used starting January 1, 2027.
The communication is available here.
