Amended CRS & the New CARF Have Gone Live in the Cayman Islands

The Cayman Islands has officially implemented the OECD’s Crypto-Asset Reporting Framework (CARF) and amended Common Reporting Standard (CRS), both effective January 1, 2026. These regulatory changes introduce new compliance requirements for investment funds operating in the jurisdiction. While most Cayman funds will continue as Reporting Financial Institutions under the amended CRS, they generally fall outside CARF unless they provide exchange, brokerage, or intermediation services for crypto transactions. Fund managers should note key deadlines including RCASP registration by April 30, 2026, and first reporting due June 30, 2027.

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Cayman Investment Funds — CARF and Amended CRS

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