22/11/2025 - Fiji has committed to implement the Common Reporting Standard (CRS) for automatic exchange of financial account information by 2028. Today, the CRS is being implemented on a global scale, with Fiji becoming the 128th out of the 172 members of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) now committed to start automatic exchanges by a specific date. The vast majority of the committed jurisdictions have already commenced exchanges.
"Two years after it joined the Global Forum, I am delighted to announce Fiji's commitment to implementing automatic exchange of financial account information beginning in September 2028, which will significantly improve our ability to combat tax evasion and promote transparency in our financial system,” said Mr Esrom Immanuel, Minister for Finance, Commerce and Business Development of Fiji.
More and more developing countries are implementing the CRS, and this global reach is a key element to ensuring its effectiveness in combating tax avoidance and evasion. The Global Forum Secretariat is committed to promote and support the implementation of the CRS, particularly by developing countries.
Mr Gaël Perraud, Chair of the Global Forum, welcomed Fiji's commitment to the CRS: “The Global Forum will support and monitor Fiji’s progress in delivering its commitment to start exchanging automatically by September 2028. Our Secretariat will assist Fiji’s tax authorities in implementing the standard and in addressing any challenges that may arise.”
Background documents:
- Status of commitments to the automatic exchange of information
- Unleashing the potential of automatic exchange of information for developing countries: 2021 Strategy
- Update on the Implementation of the 2021 Strategy on Unleashing the Potential of Automatic Exchange of Information
- Preliminary Maturity Assessments: A 2024 Initiative to Catalyse Developing Countries’ Participation in Automatic Exchange of Information
- Toolkit for the Implementation of the Standard for Automatic Exchange of Financial Account Information
- 2025 Global Forum Capacity Building Report
The Global Forum is the leading multilateral body mandated to ensure that jurisdictions around the world adhere to and effectively implement the Standard on Transparency and Exchange of Information on Request and the Standards of Automatic Exchange of Information, covering financial accounts data and crypto-asset transactions. These objectives are achieved through a robust monitoring and peer review process. The Global Forum also runs an extensive capacity-building programme to support its members in implementing the standards and help tax authorities make the best use of cross-border information sharing channels.
The Global Forum’s worldwide capacity-building programme is supported by the following development partners:
