Bermuda: Further updates to CRS Independence Compliance Review Guidelines
Additional guidance for reporting financial institutions (RFIs) that elect to undergo an independent CRS review
The Corporate Income Tax Agency of Bermuda on May 19, 2026, issued Version 4.0 of the CRS Independence Compliance Review Guidelines.
The revision follows the release of Version 3.0 of the guidelines in March 2026 and provides additional guidance for reporting financial institutions (RFIs) that elect to undergo an independent CRS review.
Read a June 2026 report prepared by the KPMG member firm in Bermuda