From 1 April 2026, the Common Reporting Standard (CRS) changed to include some digital financial products and indirect investments in crypto-assets, expand definitions and strengthen due diligence and reporting requirements.
The CRS now covers indirect investments in crypto-assets through derivatives and investment vehicles, specified electronic money products, and central bank digital currencies.
The OECD has expanded the definitions for investment entity, custodial institution and depository institution.
Reporting requirements now include contextual information about account holders, controlling persons, and the financial accounts they own.
We have updated our guidance to include these changes. This guidance is for CRS period ending 31 March 2027 and onwards.
Period ending 31 March 2026
The changes have no impact on the current CRS reporting period.
Please continue referring to existing guidance.