Malta’s Tax and Customs Administration has released Version 4.8 of its DAC 2 Guidelines, updating de-registration procedures, trustee declaration returns, and exchange jurisdiction lists. A new Self-Compliance Questionnaire (SCQ) for CRS and FATCA reporting is now available for in-scope financial institutions, with submissions due by 13 March 2026.
Malta’s Tax and Customs Administration has issued revised guidance on the automatic exchange of financial account information (DAC 2) and introduced a new Self-Compliance Questionnaire (SCQ) for CRS and FATCA compliance.
Update of the guidance on automatic exchange of financial account information (DAC 2)
The MTCA notifies that Version 4.8 of the DAC 2 Guidelines has been issued with updates to:
- Section 3.4: De-Registration Process of Malta Financial Institutions
- Section 12.3.3: Trustee Declaration Return submission procedure
- Section 12.5: Self-Compliance Questionnaire
- Appendix 1 and Appendix 2: Updates to Exchange Jurisdictions
Release of the new Self-Compliance Questionnaire (SCQ) for CRS and FATCA purposes
The Commissioner for Tax and Customs has notified that all Financial Institutions (FIs) falling within the scope of CRS and FATCA regulations, as per S.L. 123.127 Cooperation with Other Jurisdictions on Tax Matters Regulations (Cooperation Regulations), that a new Self-Compliance Questionnaire (SCQ) for CRS and FATCA purposes has been released and is now available for compilation by in-scope FIs, these being Reporting Maltese Financial Institutions (RMFIs) and Maltese Non-Reporting Financial Institutions (NRFIs) as defined.
This questionnaire is part of MTCA’s ongoing compliance monitoring of the due diligence and reporting requirements as outlined in the Cooperation Regulations. Fls are required to complete and submit the questionnaire by 13th March 2026. The SCQ can be accessed via the MTCA website.
