Cayman Islands: Regulations to implement CARF and CRS 2.0
Scheduled to take effect on January 1, 2026
The government of the Cayman Islands on November 27, 2025, published the Tax Information Authority (International Tax Compliance) (Crypto-Asset Reporting Framework) Regulations, 2025 and the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2025.
These regulations establish the legal basis for implementing the OECD’s cryptoasset reporting framework (CARF) and the amendments introduced by the OECD to the common reporting standard (CRS 2.0) within the domestic framework of Cayman Islands. These frameworks are scheduled to take effect on January 1, 2026, with the first annual reports due in 2027.
The Cayman Islands anticipates conducting its first exchange of information under these frameworks with partner jurisdictions in 2027.
Read a December 2025 report prepared by the KPMG member firm in the Cayman Islands