Switzerland Signs Joint Declarations on the Automatic Exchange of Financial Account Information with Brazil, Mexico, and Uruguay

On 18 November 2016, Switzerland signed joint declarations on the automatic exchange of financial account information on a reciprocal basis with Brazil, Mexico, and Uruguay. The information exchange will be carried out based on the OECD Common Reporting Standard (CRS). Switzerland and the respective countries intend to start collecting data in 2018 and to exchange it from 2019.