Monaco has again updated its list of Common Reporting Standard ("CRS") reporting countries. Following publication of the Ministerial decrees in December, 2022 two countries have been added to the list of reporting countries, being the countries with which Monaco Financial Institutions will start to exchange information concerning financial accounts:
► Jamaica
► Peru
The first information exchange for these countries will take place in 2023, with respect to the 2022 year.
For more information or queries on this subject please contact Peter Brigham p.brigham@rosemont-mc.com