Latest developments on CRS 2.0 (Amended CRS)

This session provides an update on the latest developments surrounding the Common Reporting Standard (CRS) 2.0 (amended CRS) and their implications for financial institutions. Since the last session in mid-2025, the CRS 2.0 landscape has evolved significantly.

Cayman Islands, Japan and various other jurisdictions have recently published the updated regulations for CRS 2.0, covering:

• Expanded scope of reporting financial institutions
• Expansion of reportable accounts
• Enhanced due-diligence and reporting requirements
• New and pre-existing specified transactions

While Singapore has yet to formally issue its CRS 2.0 regulations, the international standards are becoming clearer. Financial institutions can already observe emerging regulatory themes, scope expansions and implementation approaches adopted by early moving jurisdictions.

During this session, our Tax team will convene to discuss the latest expectations and developments in relation to CRS 2.0:

• Scope of impacted entities and products
• Treatment of new financial assets and e-money
• Approaches to due diligence, reporting and timelines
• Common pain points observed for financial institutions
• Governance, systems and operating model considerations to avoid late-stage remediation

Who should attend

CRS 2.0 implementation leads, subject matter experts, technology and operations leads for CRS 2.0 implementation.
 
To register your interest, please contact the organizer. 

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