The Common Reporting Standard is an information standard developed by the OECD, in 2014 to combat tax evasion.
The system is intended to transfer all relevant information automatically between countries. The information shared is intended to include:
Name, Address, Taxpayer Identification Number and Date and Place of Birth of each Person.
Name and identifying number of the reporting financial institution
Account balance or value as of the end of the relevant calendar year, or at its closure, if the account is closed mid year.