Bermuda: Updated guidelines, CRS compliance certification form

Guidelines regarding the common reporting standard compliance certification form

Guidelines regarding the common reporting standard compliance certification form

The Bermuda Ministry of Finance on 20 October 2021 issued updated guidelines regarding the common reporting standard (CRS) compliance certification form (version 2.0).

The updated guidelines are intended to help reporting financial institutions in preparing the compliance form. The updated information concerns the due date for submissions, excluded and non-reportable accounts, “de-registered” entities, and special measures for investment managers and advisors.

Read an October 2021 report [PDF 592 KB] prepared by KPMG LLP

 

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