The CAP/PCC law of 8 July 2018 has been amended by the law of 27 June 2021. As of 1 January 2022, the reporting requirements for financial institutions towards CAP/PCC are
extended.
What are the biggest changes to CAP/PCC applicable as of 1 January 2022?
- The scope is extended to all types of bank and checking accounts
- Balances of bank- and checking accounts are reported
- Globalized balances of financial contracts are reported