IEIM901810 | Partner Jurisdiction

A ‘Partner Jurisdiction’ is a jurisdiction with which the UK has an agreement or arrangement in force for the automatic exchange of the reportable information specified in section III of the Model Rules and which is identified as such in a published list.

Currently the UK’s partner jurisdictions are:

• Bulgaria

• Canada

• Ireland

• Latvia

• New Zealand

• Spain

• Sweden

As and when other jurisdictions confirm that they are ready to exchange information with the UK, HMRC will update this list.

A partner jurisdiction is relevant for the purposes of determining whether a Reporting Platform Operator can rely on another Platform Operator (PO) to carry out due diligence and reporting obligations on its behalf. Where the other PO is resident in another jurisdiction, it may carry out due diligence procedures based on substantially similar rules in its partner jurisdiction (see 902540).