Singapore Expands International Tax Transparency Framework: What Reporting Singaporean Financial Institutions (“SGFIs”) Need to Do Next

The Inland Revenue Authority of Singapore (“IRAS”) has announced three significant international tax transparency developments on 11 August 2026: Amendments to Singapore’s Common Reporting Standard (“CRS”) framework (“Amended CRS / CRS 2.0”) and publication of the Fifth Edition of the CRS e-Tax Guide; Introduction of the Crypto-Asset Reporting Framework (“CARF”) through new regulations and publication […]