Armenia, Bahrain and the British Virgin Islands have joined the OECD’s CRS framework by signing an addendum to the Multilateral Competent Authority Agreement, bringing the total number of signatories to 81 and supporting the exchange of expanded financial and crypto-asset information.
According to an OECD update, published on 26 August 2026, three new jurisdictions have joined the Common Reporting Standard framework by signing the addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information.
Armenia became a signatory on 10 July 2026, followed by Bahrain on 13 January 2026, and the British Virgin Islands on 7 August 2026.
The addendum incorporates the 2023 amendments to the Common Reporting Standard (CRS), which expand the scope of reportable information, including crypto-asset data, and strengthen reporting and due diligence requirements.
The 2022 amendments to the CRS, published in 2023, broadened the scope of financial information subject to automatic exchange, while the CRS MCAA addendum establishes the legal framework for jurisdictions to exchange the expanded data.
As of 26 August 2026, 81 jurisdictions have signed the addendum.
