Common Reporting Standard 

The Common Reporting Standard (CRS) is an international framework for the automatic exchange of tax information.

What is the CRS?

  • The Common Reporting Standard (CRS) is an international framework, developed by the OECD, for the automatic exchange of tax information between countries around the world.
  • All financial institutions will report clients' account details to the local tax authority, which will then exchange the information with the relevant jurisdictions.
  • More than 90 countries have signed up to CRS, including Norway, Sweden, Denmark, the UK and the Netherlands.

 

Historical returns are no guarantee of future returns. Future returns will depend, among other things, on market developments, the manager's skills, the fund's risk profile and management fees. The returns can be negative as a result of price losses. There is risk associated with investments in the fund due to market movements, developments in currency, interest rates, economic conditions, industry- and company-specific conditions. Before investing, customers are advised to familiarize themselves with the fund's key information and prospectus, which contains further information about the fund's characteristics and costs.



© Storebrand Asset Management 2023