London Governance & Compliance Academy

OECD’s Common Reporting Standards (CRS) and the Crypto-Asset Reporting Framework (CARF)

Introduction and Rationale The Common Reporting Standard (CRS), an initiative under the aegis of the Organisation for Economic Co-operation and Development (OECD), emerged from the increasing need to address the widespread issue of tax evasion on a global scale. In the wake of the 2008 financial crisis, international attention sharply focused on the scale of […]

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