This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

UK to apply OECD's cryptoasset reporting framework from January 2026

( October 30, 2024, 15:30 GMT | Official Statement) -- MLex Summary: The UK has committed to applying the OECD’s Cryptoasset Reporting Framework, CARF, by January 2026. The regime is intended to achieve transparency for transactions in cryptoassets and sets out the entities and transactions subject to reporting requirements as well as due diligence procedures to identify users and to determine relevant tax jurisdictions. The government said respondents to a consultation were supportive of the proposals. HMRC said it would engage with stakeholders on draft legislation and guidance to cover due diligence procedures and penalties.  Statement attached. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections