Gate News reports that on April 1, at the 2026 Annual Tax Seminar of the Hong Kong Chartered Accountants’ Association (ACCA) Hong Kong Branch, the Deputy Under Secretary for Financial Affairs and the Treasury of Hong Kong, Chen Haolimei, stated that the Organisation for Economic Co-operation and Development (OECD) has revised the Common Reporting Standard (CRS) to include new digital financial products such as central bank digital currencies, and has optimized the reporting and due diligence requirements for financial institutions. Additionally, the OECD has issued a Crypto-Asset Reporting Framework (CARF) to enable tax jurisdictions to automatically exchange information on crypto-asset transactions, thereby enhancing transaction transparency. The Hong Kong Legislative Council has expressed support, aiming to complete the legislation by 2026.
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