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Saudi Arabia Approves Multilateral Agreement on Automatic Exchange of Financial Account Information

|Treaty Development|Saudi Arabia-OECD
Saudi Arabia-OECD

On 22 August 2017, the Saudi Cabinet approved the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (MCAA), which provides for the exchange of information under the OECD Common Reporting Standard (CRS). Saudi Arabia plans to begin the first exchanges under CRS by September 2018.

Click the following link for the list of the CRS MCAA signatories to date.

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