DAC 2 / CRS / FATCA reporting deadline extended

The Office of the CfR has announced that due to the continued exceptional circumstances brought about by the COVID-19 pandemic that have created a challenging environment, an extension for the submission of the report containing Financial Account information relating to Reporting Year 2020 has been granted, to provide sufficient flexibility to such Reporting Malta Financial Institutions.

Reporting Malta Financial Institutions must report the information specified in Section I of Annex I to the Regulations and the information specified in Article 2(2)(a) and Article 3(2) of the FATCA Agreement on U.S. Reportable Accounts by not later than 30th June 2021 in relation to Reporting Year 2020.

 A guideline in relation to a change in the reporting deadline for Reporting Year 2020 is available here​.