Switzerland has updated its list of automatic exchange partner jurisdictions, moving Trinidad and Tobago from temporarily non-reciprocal to reciprocal status.
The State Secretariat for International Finance (SIF) has updated Switzerland’s list of jurisdictions for the automatic exchange of financial account information, reclassifying Trinidad and Tobago as a reciprocal jurisdiction, according to a notice published on 25 August 2026.
The change affects Switzerland’s implementation of the automatic exchange of information (AEOI) standard, which the country applies through the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA), as well as through its separate bilateral agreement with the European Union. Trinidad and Tobago had previously been listed as temporarily non-reciprocal.
Under the reciprocal status, Switzerland will now both send and receive CRS information to and from Trinidad and Tobago. Non-reciprocal jurisdictions, by contrast, only send information to Switzerland, with two-way exchange applying only once such jurisdictions meet certain requirements.
With this update, Switzerland has 116 partner states under the CRS framework, though the exchange of information with Russia remains suspended.
The AEOI standard is designed to increase tax transparency and prevent cross-border tax evasion by enabling the mutual exchange of financial account information between participating states and territories. More than 100 states and territories, including all major financial centres, have adopted the standard alongside Switzerland.
The legal basis for the AEOI in Switzerland entered into force on 1 January 2017. The Federal Tax Administration (FTA) is responsible for implementing the framework domestically. The full list of Switzerland’s activated bilateral exchange relationships is also available on the Organisation for Economic Co-operation and Development (OECD) website, though the SIF has said its own list takes priority and is updated regularly.
