In light of the unprecedented Covid-19 pandemic, the MRA has issued a communique on 28 April 2020 to inform the stakeholders that the due date for the transmission of FATCA information to the MRA, regarding the filing obligations under FATCA, has now been extended to 30 September 2020.

The communique did not provide any guidance for the Common Reporting Standard (“CRS”) reporting dates and therefore as it stands (unless a further communique is issued by the MRA), the deadline for CRS filing obligations for the year 2019 is on 31 July 2020.

Please click HERE to read the full communique.