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South Africa Promulgates Regulations for CARF and CRS Updates

|Treaty Development|South Africa-OECD
South Africa-OECD

The South African Revenue Services has announced the promulgation of implementing regulations for the OECD Crypto-Asset Reporting Framework (CARF), as well as updates to the Common Reporting Standard (CRS) concerning crypto, enhanced due diligence and reporting requirements, and other updates, repealing earlier regulations. The new regulations are effective 1 March 2026.

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28 November 2025 – National Legislation: The following regulations have been promulgated:

Effective 1 March 2026

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