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ARTICLE · 07 JANUARY 2026

OECD's Crypto-Asset Reporting Framework: What Does This Mean For Guernsey?

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Guernsey has moved quickly to implement the OECD's Crypto-Asset Reporting Framework (CARF)...

GuernseyTechnology

Guernsey has moved quickly to implement the OECD's Crypto-Asset Reporting Framework (CARF), marking a further significant development for the island's financial and digital asset sectors. Regulations implementing CARF in Guernsey were made on 30 December 2025 and came into force on 1 January 2026. This follows Guernsey signing the Multilateral Competent Authority Agreement in November 2024 and committing to a common implementation timeline alongside other jurisdictions.

The aim is clear: align Guernsey with global standards on tax transparency and automatic exchange of information for crypto-asset transactions.

Key dates for Guernsey

  • 1 January 2026: First CARF reporting period began.

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