Executive summary
On 22 March 2022, the Organisation for Economic Co-operation and Development (OECD) published a Public Consultation Document which proposes new and amended reporting requirements covering reporting of crypto-assets and e-money as well as containing broader revisions to the existing Common Reporting Standard (CRS).
The consultation contains two main proposals:
Introduction of a Crypto-Asset Reporting Framework (CARF) that would bring cryptocurrency and other crypto-assets into scop…