As on October 29, 2015 the 74 jurisdictions have acceded to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information developed by the OECD.
Under the standard, jurisdictions obtain financial information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. The standard consists of two components: the Common Reporting Standard and the Model Competent Authority Agreement, which contains the detailed rules on the exchange of information.
The information exchange standard covers not only banks, but also other financial institutions – custodians, brokers, certain collective investment vehicles and certain insurance companies. Reportable accounts include accounts held by individuals and entities (which includes trusts and foundations). The standard includes a requirement to look through passive entities to report on the individuals that ultimately control them.
Below is a complete list of countries that have committed to automatic exchange of information and the starting dates of this exchange:
JURISDICTION FROM WHICH THE COMPETENT AUTHORITY IS FROM | INTENDED FIRST INFORMATION EXCHANGE BY |
---|---|
1. ALBANIA |
September 2018 |
2. ANGUILLA |
September 2017 |
3. ANTIGUA AND BARBUDA |
September 2018 |
4. ARGENTINA |
September 2017 |
5. ARUBA |
September 2018 |
6. AUSTRALIA |
September 2018 |
7. AUSTRIA |
September 2018 |
8. BARBADOS |
September 2017 |
9. BELGIUM |
September 2017 |
10. BELIZE |
September 2018 |
11. BERMUDA |
September 2017 |
12. BRITISH VIRGIN ISLANDS |
September 2017 |
13. BULGARIA |
September 2017 |
14. CANADA |
September 2018 |
15. CAYMAN ISLANDS |
September 2017 |
16. CHILE |
September 2018 |
17. COLOMBIA |
September 2017 |
18. COOK ISLANDS |
September 2018 |
19. COSTA RICA |
September 2018 |
20. CROATIA |
September 2017 |
21. CURASAO |
September 2017 |
22. CYPRUS |
September 2017 |
23. CZECH REPUBLIC |
September 2017 |
24. DENMARK |
September 2017 |
25. ESTONIA |
September 2017 |
26. FAROE ISLANDS |
September 2017 |
27. FINLAND |
September 2017 |
28. FRANCE |
September 2017 |
29. GERMANY |
September 2017 |
30. GHANA |
September 2018 |
31. GIBRALTAR |
September 2017 |
32. GREECE |
September 2017 |
33. GRENADA |
September 2018 |
34. GUERNSEY |
September 2017 |
35. HUNGARY |
September 2017 |
36. ICELAND |
September 2017 |
37. INDIA |
September 2017 |
38. INDONESIA |
September 2018 |
39. IRELAND |
September 2017 |
40. ISLE OF MAN |
September 2017 |
41. ITALY |
September 2017 |
42. JAPAN |
September 2018 |
43. JERSEY |
September 2017 |
44. KOREA |
September 2017 |
45. LATVIA |
September 2017 |
46. LIECHTENSTEIN |
September 2017 |
47. LITHUANIA |
September 2017 |
48. LUXEMBOURG |
September 2017 |
49. MALTA |
September 2017 |
50. MARSHALL ISLANDS |
September 2018 |
51. MAURITIUS |
September 2017 |
52. MEXICO |
September 2017 |
53. MONTSERRAT |
September 2017 |
54. NETHERLANDS |
September 2017 |
55. NEW ZEALAND |
September 2018 |
56. NIUE |
September 2017 |
57. NORWAY |
September 2017 |
58. POLAND |
September 2017 |
59. PORTUGAL |
September 2017 |
60. ROMANIA |
September 2017 |
61. SAINT LUCIA |
September 2018 |
62. SAINT VINCENT AND THE GRENADINES |
September 2018 |
63. SAMOA |
September 2018 |
64. SAN MARINO |
September 2017 |
65. SEYCHELLES |
September 2017 |
66. SINT MAARTEN |
September 2018 |
67. SLOVAK REPUBLIC |
September 2017 |
68. SLOVENIA |
September 2017 |
69. SOUTH AFRICA |
September 2017 |
70. SPAIN |
September 2017 |
71. SWEDEN |
September 2017 |
72. SWITZERLAND |
September 2018 |
73. TURKS & CAICOS ISLANDS |
September 2017 |
74. UNITED KINGDOM |
September 2017 |