UAE: Commitment to implement CRS 2.0
Effective January 1, 2027
The UAE Ministry of Finance (MoF) on November 8, 2025, announced its commitment to implement the OECD’s revised common reporting standard (CRS 2.0) into its domestic framework, effective January 1, 2027, with the first exchange of information scheduled for 2028.
- CRS 2.0 broadens the scope to include:
- Specified electronic money products (SEMP)
- Central bank digital currencies (CBDCs)
- Certain cryptoasset activities
It also introduces enhanced due diligence and reporting requirements.
Read a November 2025 report prepared by the KPMG member firm in the UAE