The Hong Kong Securities & Futures Professionals Association (HKSFPA) has urged the city’s government to soften some elements ...

Explore the Crypto-Asset Reporting Framework (CARF), a global OECD initiative for tax transparency in crypto transactions ...

Hong Kong’s crypto industry is warning that the city’s planned adoption of new global tax reporting rules could produce ...

The Hong Kong government may need to reconsider certain aspects of the OECD’s Crypto Asset Reporting Framework (CARF).

HKSFPA shared its grievances about certain aspects of the proposal in an advocacy paper published on Monday, saying that some laws could create operational constraints and legal exposure for market ...

Hong Kong’s crypto industry responds to CARF and CRS proposals, backing compliance while urging privacy, penalty, and filing ...

In a working paper published by the International Monetary Fund in July 2023[1], the authors highlighted difficulties in trying to quantify the worldwide market in crypto-assets in order to calculate ...

The transition to CRS 3.0 and the implementation of CARF for digital assets are redefining how cross-border reporting is examined. Financial institutions remain central to FATCA and CRS reporting, but ...

There was great fanfare at the beginning of the year surrounding the introduction of the automatic exchange of information ...