Switzerland Updates Jurisdictions for CRS Exchange Including Reciprocal Exchange with Trinidad and Tobago

The Swiss State Secretariat for International Finance has updated the list of jurisdictions (partner states) for the automatic exchange of information on financial accounts under the OECD Common Reporting Standard (CRS). Recent changes include a change in the status of Trinidad and Tobago from temporarily non-reciprocal to reciprocal. If a country is reciprocal, it means CRS information is received from and sent to that country. If a country is non-reciprocal, it means CRS information is onl…