The OECD/G20 Crypto-Asset Reporting Framework (CARF) creates global due-diligence and reporting rules for reporting crypto-asset service providers, supporting annual cross-border exchange of crypto-asset tax information among implementing jurisdictions. It also includes amendments to the Common Reporting Standard and an XML schema implementation package. National CARF laws should link to this canonical profile.
Frameworkcurrent_standard
Crypto-Asset Reporting Framework (CARF) and Amendments to the Common Reporting Standard
Also known as: OECD/G20 Crypto-Asset Reporting Framework (CARF)
International OECD/G20; domestic tax authorities in implementing jurisdictions
Overview
Key Details
Jurisdiction
InternationalRegulator
OECD/G20; domestic tax authorities in implementing jurisdictions
Law Type
Framework
Status
Current International StandardOfficial Law Number
OECD CARF 2022
Official Title
Crypto-Asset Reporting Framework (CARF) and Amendments to the Common Reporting Standard
Enacted Date
October 10, 2022
Effective Date
Effective date not specified
Who This Law Applies To
Reporting crypto-asset service providers and their users within implementing jurisdictions, through domestic legislation enacted by participating countries.
Key Requirements
- Creates due-diligence and reporting rules for relevant crypto-asset transactions by reporting CASPs.
- Supports annual cross-border automatic exchange of tax information among implementing jurisdictions.
- Includes amendments to the OECD Common Reporting Standard and an XML schema/implementation package.
Official Sources
Official instrument pageRelated Laws
OtherCurrent International StandardInternational
FSB High-Level Recommendations for Crypto-Asset Activities and Markets (2023)
High-Level Recommendations for the Regulation, Supervision and Oversight of Crypto-Asset Activities and Markets — Final Report (July 2023)
Added August 29, 2026Ref: FSB 2023-07-17
The FSB's High-Level Recommendations for Crypto-Asset Activities and Markets (2023) set nine recommendations for consistent regulation, supervision and oversight of crypto-asset issuers, service providers, activities and markets. They cover regulatory powers, governance, risk management, data, disclosures and cross-border cooperation. A separate revised set addresses global stablecoin arrangements. FSB recommendations are not self-executing domestic law.
SecuritiesStablecoinsBanking
fsb.orgView Law Profile
OtherCurrent International StandardInternational
IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023)
Policy Recommendations for Crypto and Digital Asset Markets — Final Report (FR11/2023)
Added August 29, 2026Ref: FR11/2023
The IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023) contain 18 recommendations grounded in the principle of consistent regulation of economically equivalent activities. They address conflicts of interest, market manipulation, custody, disclosure, retail risks and cross-border cooperation. IOSCO recommendations are not self-executing domestic law — implementation depends on member regulators in their respective jurisdictions.
SecuritiesExchangesConsumer Protection
iosco.orgView Law Profile
OtherCurrent International StandardInternational
Basel Framework SCO60 — Cryptoasset Exposures
Basel Framework Chapter SCO60 — Prudential treatment of cryptoasset exposures
Added August 29, 2026Effective: January 1, 2026Ref: BCBS SCO60
The Basel Committee on Banking Supervision's SCO60 standard sets the prudential treatment of banks' cryptoasset exposures, classifying cryptoassets into groups based on risk and conditions, and setting capital, liquidity, exposure, disclosure and infrastructure-risk treatment. Note: SCO60 is not self-executing domestic law; effectiveness depends on implementation by national Basel member jurisdictions.
BankingSecuritiesStablecoins
bis.orgView Law Profile
OtherCurrent International StandardInternational
FATF Recommendation 15 and Interpretive Note to Recommendation 15
Added August 26, 2026Effective: June 21, 2019Ref: FATF R.15 / INR.15
FATF extends the global AML/CFT framework to virtual assets and VASPs, requiring risk assessment, licensing or registration, supervision, preventive measures, travel-rule information and sanctions. Current state: Interpretive Note adopted 2019-06-21; current consolidated FATF standards should be checked
AML/KYCEnforcementLicensingBanking
fatf-gafi.orgView Law Profile
GuidanceCurrent International StandardInternational
Updated Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers
Added August 26, 2026Ref: FATF/OECD 2021; R.15/INR.15 VA/VASP Guidance
FATF explains how its AML/CFT standards apply to virtual assets and VASPs, including stablecoins, peer-to-peer risks, licensing, supervision, travel-rule data and international cooperation. Current state: Current FATF interpretive guidance; jurisdictions implement it through domestic law
AML/KYCLicensingExchangesStablecoins
fatf-gafi.orgView Law Profile
OtherCurrent International StandardInternational
High-level Recommendations for Regulation, Supervision and Oversight of Crypto-asset Activities and Markets
Added August 26, 2026Ref: FSB P170723-2
The FSB sets a global baseline for crypto-asset activities and markets based on same activity, same risk, same regulation, while addressing governance, risk management, data, disclosures and interconnectedness. Current state: Nine non-binding recommendations issued 2023-07-17
CustodyAdvertisingExchangesBanking
fsb.orgView Law Profile
