25/11/2025 – In the context of the Latin America Initiative, the Global Forum Secretariat hosted a virtual event focused on the Crypto-Asset Reporting Framework (CARF) on 19-21 November 2025, bringing together over 120 participants from 12 Latin American member jurisdictions. The event showcased early experiences on the CARF implementation from Brazil, Colombia and Costa Rica, and featured insights from the Tax Justice Network, providing a civil society perspective on the importance of transparency in crypto-assets transactions.
The event aimed to equip participants with the key concepts needed to understand tax developments related to crypto assets, provide a detailed overview of the CARF rules and support jurisdictions in preparing for the effective implementation, or consideration of implementation, of the CARF. It also outlined the frameworks required for implementation, with a focus on their legal, operational and institutional dimensions.
The event marked an important step towards advancing the objectives of the Latin America Initiative, which seeks to combat tax evasion, promote tax transparency and strengthen international administrative co-operation across the region. It also reflects the Global Forum's ongoing commitment to supporting its members through capacity-building initiatives and fostering greater regional co-operation.
The Global Forum is the leading multilateral body mandated to ensure that jurisdictions around the world adhere to and effectively implement the Standard on Transparency and Exchange of Information on Request and the Standards of Automatic Exchange of Information, covering financial accounts data and crypto-asset transactions. These objectives are achieved through a robust monitoring and peer review process. The Global Forum also runs an extensive capacity-building programme to support its members in implementing the standards and help tax authorities make the best use of cross-border information sharing channels.
The Global Forum’s worldwide capacity-building programme is supported by the following development partners:
