Swiss-Hong Kong-Singaporean Automatic Information Exchange Plans

The Swiss central government is seeking Parliamentary approval of its agreements to automatically exchange financial account information with jurisdictions in the Asian region, specifically Hong Kong and Singapore from the planned starting dates being around Autumn of next year.

Switzerland is also proposing to commence a non-reciprocal multilateral automatic exchange with other financial centres globally, including the Bahamas when AEOI has been introduced with all competing financial centres, most likely in 2020.