Changes to the CRS and FATCA Regulations

About the consultation

​​The Minister for External Relations, Deputy Ian Gorst, is seeking views on proposed changes to the Common Reporting Standard (CRS) and FATCA Regulations (together referred to as the AEOI Regulations).

The changes are intended to:

• ensure that Jersey's legal framework for the CRS remains fully in line with global expectations
  
• address some concerns rais​ed by industry abou​t a potential lack of clarity regarding the way in which certain penalties are imposed under the CRS and FATCA Regulations

The responses to the consultation will inform changes to the Regulations which will be considered by the States Assembly in the summer of 2024.

Revenue Jersey will collate and provide respondents' comments on these proposals to the Minister.

Consultation on the proposed changes to the CRS and FATCA regulations​

How to submit comments to the consultation

​You can respond to the questions asked in the consultation paper by:

• email to tax.policy@gov.je, with the subject heading AEOI Consultation
• post to Tax Policy Unit, AEOI Consultation, 19-21 Broad Street, St Helier, JE2 3RR

You can also use these contact details to share your general comments on the proposals.

The information we collect is gathered, stored and used in accordance with Revenue Jersey's privacy poli​cy.

Submissions will be subject to the provisions of the Freedom of Information Act. Revenue Jersey may receive requests for any or all information supplied as part of this process.​