The Common Reporting Standard is a project undertaken by the OECD to eliminate banking privacy worldwide. CRS rules have more holes than Swiss cheese and it’s easy to avoid CRS. However you may wish to bank in one of the countries which are not part of CRS.
Non CRS countries are countries that have not signed up to CRS at all and nor were they required to do so.
There are still a few respectable jurisdictions who will NOT share your private banking information under CRS rules.
Here are the Non CRS countries as of 16 November 2021:
Algeria,
Armenia,
Belarus,
Benin,
Bosnia and Herzegovina,
Botswana,
Burkina Faso,
Cabo Verde,
Cambodia,
Cameroon,
Chad,
Côte d’Ivoire,
Djibouti,
Dominican Republic,
Egypt,
ElSalvador,
Eswatini,
Gabon,
Guatemala,
Guinea,
Guyana,
Haiti,
Honduras,
Lesotho,
Liberia,
Madagascar,
Mali,
Mauritania,
Mongolia,
Namibia,
Niger,
North Macedonia,
Palau,
Papua New Guinea,
Paraguay,
Philippines,
Senegal,
Serbia,
Tanzania,
Togo,
Tunisia,
Viet Nam
There are over 100 jurisdictions representing some of the major international financial centers that have committed to cooperate and contribute to this mega operation of industrial espionage.