Swiss National Council Approves CARF MCAA and Addendum to CRS MCAA

On 8 September 2025, the Swiss National Council (lower house of parliament) approved the ratification of the Multilateral Competent Authority Agreement on Automatic Exchange of Information Pursuant to Crypto-Asset Reporting Framework (CARF MCAA). The National Council also approved the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA), which reflects amendments to the Common Reporting Standard (CRS) adopted in 2023 to b…