Commentaries on the Common Reporting Standard (CRS)
For each section of the CRS and the Model Competent Authority Agreements, a detailed Commentary has been developed that is intended to illustrate or interpret its provisions and that aims to ensure consistency in application across jurisdictions, as to avoid creating unnecessary costs and complexity for financial institutions, in particular those with operations in more than one jurisdiction.
The application below allows you to view the text of the CRS and the related Commentaries on a single screen. By clicking on a particular section of the CRS in the table of contents, you will be automatically guided to both the relevant part of the CRS and the corresponding Commentaries. As such, this application will allow you to read a part of the CRS and the relevant Commentaries thereon directly next to each other, which will hopefully be a useful tool for consulting the Standard.