meta_id 3330414

On July 16, 2026, Germany's Official Gazette published the Seventh Ordinance Amending the Common Reporting Standard (CRS) Extension Regulation (Siebte Verordnung zur Änderung der CRS-Ausdehnungsverordnung), which entered into force on July 10, 2026. The Federal Ministry of Finance (Bundesministerium der Finanzen) led the development of this amendment. The CRS Extension Regulation establishes Germany's framework for implementing the Common Reporting Standard, an international automatic exchange of information standard developed by the Organisation for Economic Co-operation and Development (OECD). This seventh amendment modifies the existing regulatory framework governing the scope and application of CRS requirements for German financial institutions and reporting entities. The amendment affects financial institutions, investment firms, and other entities subject to CRS reporting obligations under German law. These entities must comply with enhanced due diligence procedures and automatic information exchange requirements with relevant tax authorities. The regulation applies to entities handling financial accounts and investments that fall within the CRS scope. The full text of the amendment is available on the Official Gazette website (Bundesgesetzblatt), published as BGBl. 2026 II Nr. 139. The regulation text is available in PDF format (211 kilobytes) and has been certified for accessibility compliance. Financial institutions and reporting entities should review the amendment to ensure compliance with any modified CRS obligations and reporting timelines that may apply to their operations.