Italy MOF Issues Decree Updating Reporting Rules for Financial Institutions, Crypto-Assets Under DAC9, OECD Standards

The Italian Ministry of Economy and Finance Dec. 30, 2025, issued a decree implementing amendments to the information reporting obligations under Directive 2025/872/EU on administrative cooperation in the field of taxation (DAC9) and related EU and OECD standards. The decree includes measures: 1) clarifying the definitions and requirements for financial institutions, investment entities, deposit accounts, electronic money, central bank digital currencies, and crypto-assets, aligning with Directive 2023/2226/EU, the common reporting standard (CRS), and OECD guidelines; 2) updating the due diligence and information reporting requiremetns for financial accounts and crypto-assets under DAC9, for the automatic exchange of information (AEOI) for financial ...