Automatic Exchange of Information (AEoI)
18 January 2024
Switzerland’s Regulatory Agenda
What to expect from us
The identification, documentation and reporting of the correct and relevant information in a timely manner under CRS and FATCA as well as the ongoing monitoring of relevant changes require efficient processes to ensure that nothing is overlooked.
Our team of experts provides tailored advisory and reporting services to ensure compliance with your due diligence and reporting obligations. An in-depth technical expertise in the area of CRS and FATCA paired with extensive practical knowledge form an all-embracing service. We can tell you what you to need to do, how and when – or simply do it for you.
Our CRS and FATCA services
The Common Reporting Standard (CRS) for Automatic Exchange of Financial Account Information, developed by the OECD in response to the G20 request, is an Automatic Exchange of Information (AEoI) regime with over 100 participating jurisdictions. It imposes compliance requirements on financial institutions (FIs), including identification of account holders through the application of due diligence procedures and reporting of financial information to the relevant authorities, which in turn exchange the information with the relevant partner jurisdictions within their exchange network on an annual basis.
The Foreign Account Tax Compliance Act (FATCA) is an automatic information exchange regime that requires foreign (non-US) financial institutions (FFIs), including custodians and depository institutions, investment companies and certain insurance companies, and certain other non-financial institutions to report on foreign assets held by US account holders and to comply with due diligence and other compliance requirements, either under the FATCA rules or the intergovernmental agreement (IGA) to the extent it is in effect in their jurisdiction.
Our CRS and FATCA services include:
- Analysis and advice concerning entity classification, as well as due diligence and reporting and other compliance requirements
- Assistance with designing own or completing self-certification forms to third parties
- Assistance with enquiries from authorities or other third parties
- Impact and reportability analysis in relation to existing or planned entities and structures
- Establishment of policies and procedures to ensure CRS and FATCA compliance
- CRS and FATCA trainings for in-house staff
- CRS and FATCA reporting services, including generation and submission
What sets us apart
Hands-on experience
Not only do we have strong technical understanding of CRS and FATCA topics, we also have extensive practical experience in dealing with CRS and FATCA compliance and reporting in a wide range of jurisdictions, having prepared and filed thousands of reports in a large number of jurisdictions over the years.
Personalisation
We deliver solutions that are tailored to meet the individual needs of our customers, based on a close and continuous dialogue. Whether you want to outsource all or part of your processes to us or want our advice in a single matter, our aim is to always provide you with exactly what you need – no more and no less.
Holistic mindset
We have a holistic mindset and create added value for our clients by not losing sight of the big picture. This enables us to proactively show you structures with which you can align yourself in a long-term and stable way.
Personal and without obligation – get in touch
Emelie Mahler
Director
LL.M. Law
Christian Lyk
Partner, CEO
Attorney-at-Law, LL.M., Certified Tax Expert, TEP / Dip(ITM)
Automatic Exchange of Information (AEoI)
Find out moreLatest news and insights
Automatic Exchange of Information (AEoI)
17 October 2023
Switzerland reported on around 3.6 million financial accounts under the Automatic Exchange of Information in 2023
Automatic Exchange of Information (AEoI)
09 June 2023
2023 CRS Reporting - Switzerland