2025 Deadline 31 March 2026\u00a0<\/b><\/p>\n
The competent authority hereby reminds all Financial Institutions that are subject to\u00a0 reporting obligations under the <\/span>Common Reporting Standard (CRS) <\/b>and the <\/span>Automatic\u00a0 Exchange of Information (AEOI) <\/b>framework that they are required to submit their\u00a0 annual reports in accordance with the <\/span>National Ordinance on International Assistance\u00a0 in the Levying of Taxes (Landsverordening internationale bijstandsverlening bij de\u00a0 heffing van belastingen \u2013 LIBB) <\/b>and <\/span>National Decree on the Implementation of\u00a0 International Assistance <\/b>(LB LIBB).\u00a0<\/b><\/p>\n Financial Institutions must submit the required CRS\/AEOI information for the <\/span>reporting\u00a0 year 2025 no later than 31 March 2026<\/b>.\u00a0<\/span><\/p>\n All reporting Financial Institutions are responsible for ensuring that the information\u00a0 submitted is <\/span>complete, accurate, and provided within the prescribed timeframe<\/b>, in\u00a0 accordance with the due diligence, identification, and reporting obligations established\u00a0 under the LIBB and the related implementing legislation.\u00a0<\/span><\/p>\n Failure to comply with these obligations \u2014 including <\/span>late submission, incomplete\u00a0 reporting, or failure to report <\/b>\u2014 may result in <\/span>administrative penalties in accordance\u00a0 with Article 28 of the LIBB and the applicable penalty policy<\/b>.\u00a0<\/span><\/p>\n Reports must be submitted electronically through the designated reporting platform.\u00a0<\/span><\/p>\n For additional information regarding the CRS\/AEOI reporting requirements or technical\u00a0 guidance on the submission process, Financial Institutions may contact us at\u00a0 info.aeoi@gobiernu.cw.<\/span><\/p>\n","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"","categories":[31],"tags":[],"class_list":["post-6567","updates","type-updates","status-publish","hentry","category-announcements"],"acf":[],"_links":{"self":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/updates\/6567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/updates"}],"about":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/types\/updates"}],"version-history":[{"count":3,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/updates\/6567\/revisions"}],"predecessor-version":[{"id":6573,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/updates\/6567\/revisions\/6573"}],"wp:attachment":[{"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/media?parent=6567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/categories?post=6567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/minfin.cw\/en\/wp-json\/wp\/v2\/tags?post=6567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}