Kuwait has signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA), becoming the 76th jurisdiction to join the updated framework incorporating the 2023 amendments to the Common Reporting Standard (CRS).

RF Report

Kuwait signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 22 June 2026, according to an update published by the OECD.

The Addendum incorporates the 2023 amendments to the Common Reporting Standard (CRS), expanding the scope of information exchanged under the framework. The changes include the reporting of information on crypto-assets, together with enhanced reporting requirements and strengthened due diligence procedures.

As of 25 June 2026, a total of 76 jurisdictions had signed the Addendum. Kuwait is the most recent jurisdiction to join the updated agreement, following a series of signatories that have adopted the revised international standard since late 2024.

The Addendum updates the legal framework governing the automatic exchange of financial account information between participating jurisdictions. It is intended to support the implementation of the revised CRS by broadening the categories of reportable information, including crypto-assets, and improving the effectiveness of reporting and due diligence obligations.

The OECD’s latest list of signatories confirms Kuwait’s accession on 22 June 2026, bringing the total number of participating jurisdictions to 76.