---
title: "Crypto-Asset Reporting Framework (CARF)"
url: https://www.boruconsulting.com/glossary/crypto-asset-reporting-framework
type: DefinedTerm
role: mechanism
jurisdiction: [UK, IE, UAE]
reviewed: 2026-11-10
modified: 2026-11-10
---

# Crypto-Asset Reporting Framework (CARF)

Role: Mechanism | Jurisdiction: UK · IE · UAE

An OECD standard under which crypto-asset service providers collect information on their users and transactions and report it to their tax authority, which exchanges it with the users’ countries of residence. It extends to crypto-assets the automatic exchange the Common Reporting Standard applies to financial accounts.

It reports the person behind the holding rather than the asset itself, so crypto held through a trust or a company is looked through to the people who control it.

## Legal basis
- OECD Crypto-Asset Reporting Framework (2022)

## Related concepts
- Parallel to: [Common Reporting Standard (CRS)](https://www.boruconsulting.com/glossary/common-reporting-standard) (the same exchange for financial accounts)
- Related: [Ultimate Beneficial Owner (UBO)](https://www.boruconsulting.com/glossary/ultimate-beneficial-owner) (the controlling person it reports)

## Analysis that discusses it
- [What HMRC already sees about a family's offshore and UAE accounts](https://www.boruconsulting.com/blog/automatic-exchange-crs-carf-family-office) (Risk Governance, 2026-10-11)
- [UK CARF Crypto Reporting from 2026: What It Exposes for the Family Office](https://www.boruconsulting.com/blog/uk-carf-crypto-reporting-family-office-2026) (Risk Governance, 2026-06-01)
- [UAE Cabinet Decision 209 of 2025. Exchange of Information and Record-Keeping](https://www.boruconsulting.com/blog/uae-cabinet-decision-209-eoi-accounting) (Regulatory Intelligence, 2026-06-05)
- [Wholesale CBDC and the Family Office. Access Across the UK-UAE Corridor](https://www.boruconsulting.com/blog/wholesale-cbdc-family-office-uk-uae) (Regulatory Intelligence, 2026-06-06)
- [ECCTA Failure to Prevent Fraud: The Reasonable Procedures Defence for Corridor Groups](https://www.boruconsulting.com/blog/eccta-failure-to-prevent-fraud-procedures) (Risk Governance, 2026-06-02)

Canonical: https://www.boruconsulting.com/glossary/crypto-asset-reporting-framework

---
Source: https://www.boruconsulting.com/glossary/crypto-asset-reporting-framework