Crypto-Asset Reporting Framework Consultation

Please click here to download the Guidance Document

Topic : 

MoF has launched a public consultation to gather stakeholder input on the proposed introduction of CARF in the UAE, particularly on its impact on stakeholders and areas where further guidance may be needed. MoF is especially interested in input from businesses such as advisory service providers, broker-dealers, custodians, exchange platforms, and other stakeholders likely to be affected. 

Objective : 

The consultation aims to gather insights and feedback from stakeholders on the proposed reporting framework to ensure its alignment with local market needs and international best practices. It also seeks to enhance transparency and compliance within the crypto-asset sector.

Expected decision as a result of this consultation : 

The feedback received through this consultation will inform the development of policies and regulations for the crypto-asset reporting framework. It will also support the identification of potential challenges and guide recommendations to ensure effective and sustainable implementation.