On 28 April 2016, the Ukraine government announced that it is prepared to sign the Multilateral Competent Authority Agreement (MCAA) on Automatic Exchange of Financial Account Information. The MCAA is part of the Common Reporting Standard developed by the OECD. Once signed by Ukraine, it will need to be ratified before entering into force in the country.
To date, 80 jurisdictions have signed the MCAA, with each committed to begin the exchange of financial account information by either Septe…