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Singapore: Updated version of XML schema user guide

Effective January 1, 2027

February 17, 2026

The Inland Revenue Authority of Singapore (IRAS) on January 30, 2026, released the fourth edition of the IRAS XML schema user guide, aligned with the OECD’s common reporting standard (CRS) XML Schema Version 3.0.

Reporting Singaporean financial institutions will be required to use this schema for the submission of all new, corrected, deleted, or nil CRS reports in XML format, with effect from January 1, 2027.

Read a February 2026 report prepared by the KPMG member firm in Singapore

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