Philippines MOF Announces Commitment to Implementing CARF

June 23, 2025, 5:00 AM UTC

The Philippine Department of Finance June 17 announced the country’s commitment to implementing the OECD Crypto-Asset Reporting Framework (CARF), to combat cross-border tax evasion and illicit financial flows. The Philippines aims to execute the CARF by 2028. [Philippines, Department of Finance, 06/17/25]

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