Articles

CARF Enforcement and Compliance By Paul Foster Millen & Peter A. Cotorceanu, 9 Dec, 2024 Over the past year, we have introduced the readers of our “Old Tricks for New Dogs” series to the compliance activities (the “old tricks”) that the incoming crypto reporting regime will impose on the regulated parties (the “new dogs”). Read The Full Article

CARF's Reporting Obligations By Peter A. Cotorceanu & Paul Foster Millen, 4 Nov, 2024 All roads lead to Rome. Not literally of course. But all cryptoasset reporting framework (CARF) due diligence obligations do literally lead to one destination: Reporting. In the immediately preceding article in this series, we covered CARF’s due diligence processes. Read The Full Article

Identifying Crypto Beneficial Owners By Paul Foster Millen & Peter A. Cotorceanu, 30 Sept, 2024 In our last article, you met the “new dogs”; now must be the time for the “old tricks.” As we mentioned in our first article in this series, “old tricks” refers to the fact that the OECD’s cryptoasset reporting framework (CARF) is based heavily on its own common reporting standard (CRS), which was published over a decade ago. Read The Full Article

The OECD’s Cryptoasset Reporting Framework By Peter A. Cotorceanu & Paul Foster Millen, 8 Apr, 2024 Meet the “new dogs”! There are packs of them. As we mentioned in our previous article in this series, “old tricks” refers to the fact that the OECD’s cryptoasset reporting framework (CARF) is based heavily on the OECD’s common reporting standard (CRS), which was published almost a decade ago. Read The Full Article

The OECD’s Cryptoasset Reporting Framework By Paul Foster Millen & Peter A. Cotorceanu, 16 Oct, 2023 Why “old tricks”? Because the OECD’s cryptoasset reporting framework (CARF) is based heavily on another automatic exchange of information regime that was published almost a decade ago: the OECD’s common reporting standard (CRS). Read The Full Article