Hong Kong legislature approves CARF into law; RCASPs must collect data from Jan. 1, 2027
CONFIRMEDHong Kong’s Legislative Council has approved the Inland Revenue (Amendment) (Crypto‑Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026, adopting the OECD’s CARF. RCASPs must begin collecting customer and transaction data from 1 January 2027; automatic CARF exchanges are scheduled to start in 2028.