Policy paper

Regulations to update the UK’s automatic exchange of information agreements

This tax information and impact note is about updated rules for the Organisation for Economic Co-operation and Development’s Common Reporting Standard (CRS).

• From: HM Revenue & Customs
• Published: 25 June 2025

Documents

Tax administration — regulations to update the UK’s automatic exchange of information agreements

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Details

The regulations introduce new rules that expand the scope of the Common Reporting Standard (CRS) to:

• include electronic money institutions and certain e-money products
• exclude most charities
• a requirement to report additional information to improve usability of the data 

The regulations also introduce a new mandatory registration requirement for financial institutions and reform the penalty provisions.

Published 25 June 2025