Global Forum on Transparency and Exchange of Information for Tax Purposes

08/10/2026 – India hosted a four-day Global Forum workshop on enhancing the effective use of automatically-exchanged taxpayer data from 5 to 8 October 2026 in Nagpur. The event, Enhancing the effective use of CRS data: From data processing to compliance outcomes, was held under the Asia Initiative and attended by 29 tax officials from India, the Maldives, Thailand and Viet Nam. It was co-organised by the Department of Revenue of the Ministry of Finance of India, the National Academy of Direct Taxes (NADT) in Nagpur and the Global Forum Secretariat.

The workshop aimed to support Asia Initiative members in strengthening the effective use of information received under the Common Reporting Standard (CRS), covering the full data lifecycle from receipt and preparation to matching, risk analysis, compliance action and tax recovery.

Through practical examples, exercises, experience sharing and case studies, participants explored approaches to data cleansing and taxpayer matching, the development of CRS risk indicators and risk profiles, the identification of potential non-compliance, and the selection of appropriate compliance responses. The workshop also examined approaches to integrating CRS data into broader compliance strategies and translating identified risks into measurable compliance and revenue outcomes.

The CRS, developed in response to a G20 request and approved by the OECD Council in 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions. The CRS was amended by the OECD in 2023, in collaboration with G20 countries, to help jurisdictions enhance tax transparency by expanding its scope to cover new digital financial products and improve the usability of the exchanged financial account information. The first exchanges under the amended CRS will take place in September 2027.

The Asia Initiative is focused on developing tailored solutions to ensure the implementation and effective use of tax transparency standards across the region. It was launched in November 2021 to develop a regional dynamic for improved collaboration and as a platform to co-ordinate capacity building on tax transparency among partners. The Asia Initiative is currently co-chaired by Japan and the Maldives and counts 18 members that have endorsed the Bali Declaration, a call to enhance tax co-operation to sustain domestic resource mobilisation in Asia. 

About the Global Forum

With over 170 members, 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 (EOIR) and the standards for automatic exchange of information (AEOI), covering financial accounts under the Common Reporting Standard (CRS) and crypto-asset transactions under the Crypto-Asset Reporting Framework (CARF). These objectives are achieved through robust monitoring and peer review processes. The Global Forum also runs an extensive capacity-building programme to support its members to implement the standards and help tax authorities make the best use of cross-border information sharing channels.

The capacity-building programme of the Global Forum Secretariat is funded by the following development partners, with specific contributions from the European Union and Japan to the Asia Initiative:

For more information, please contact gftaxcooperation@oecd.org.