The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency and address cross-border tax evasion.
The Government plans to begin automatic exchanges with relevant jurisdictions under CARF starting in 2028.
Legislative amendments necessary for CARF implementation are expected to be in place by 2026.
Press Release from Carey Olsen, Tuesday 21 January, 2025. Carey Olsen is pleased to announce that associate Shuting Zhao has joined the firm’s litigation, insolvency and restructuring team
Cryptocurrencies and digital assets have been promoted as alternatives to traditional bank accounts in Africa. Uche Igwe explains that despite their popularity, many people in Africa still view crypto
ew European Union rules that let tax authorities share data on individuals’ crypto holdings were formally adopted by the bloc’s finance ministers on Tuesday. The document will now be published
The Organisation for Economic Co-operation and Development (OECD)/G20 Inclusive Framework on BEPS issued a statement on 11 April 2025, following its meeting in Cape Town, South Africa. The brief statement