Malta’s Commissioner for Tax and Customs has released an updated version (4.7) of the guidelines on the Automatic Exchange of Financial Account Information (DAC2), published on 21 April 2025.
The revisions include a new definition of “investment entity” and updated procedures for handling recalcitrant and undocumented accounts under FATCA rules. These changes aim to clarify reporting obligations for financial institutions.
The update also revises two key appendices: the list of non-EU reportable jurisdictions, now comprising 67 jurisdictions, and the list of participating jurisdictions, expanded to 117.
