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Practice 03

Regulatory & Compliance

Regulated firms face more reporting, broader transparency obligations and sharper supervision than ever. From Consumer Duty to the tax transparency regimes now reaching into crypto, the rules keep widening. We build the governance, run the change, and lead the remediation, with a senior practitioner who has built these frameworks from the inside.

Speak to a compliance specialist

What we do

01

FCA Consumer Duty

Embedding the duty across products, pricing and outcomes, with the evidence to show good outcomes are being delivered.

02

CRS 2.0 & FATCA

Due diligence, classification and reporting under the updated Common Reporting Standard and FATCA, across multiple jurisdictions.

03

CARF & DAC8

Scoping, registration and transaction reporting for crypto asset service providers caught by the new frameworks.

04

Licensing & authorisations

Applications, variations and the supervisory engagement that follows, prepared to survive a thorough review.

05

Section 166 reviews

Skilled person style reviews and the remediation that comes after, scoped and delivered without drama.

06

Governance & remediation

Frameworks, committees and the practical fixes that close a finding and keep it closed.

Why it matters now

Tax transparency now extends to digital assets.

The Common Reporting Standard has been updated to CRS 2.0, and the new Crypto Asset Reporting Framework extends automatic exchange of information to crypto assets for the first time. Many jurisdictions begin collecting reportable data from 2026, with first exchanges following in 2027. For financial institutions and digital asset firms, the question is no longer whether they are in scope, but whether their onboarding and reporting can carry the load.

2026
data collection begins in many jurisdictions
2027
first automatic exchanges under CARF expected
76+
jurisdictions committed to CARF exchanges
CRS 2.0
new due diligence and reporting on top

Common questions

What is CARF?

The Crypto Asset Reporting Framework is the OECD standard that requires crypto asset service providers to report transaction level information to tax authorities. Many jurisdictions begin collecting data from 2026, with first exchanges following in 2027.

What is CRS 2.0?

CRS 2.0 is the updated Common Reporting Standard. It broadens due diligence and reporting requirements for financial institutions and extends the framework to e-money and certain digital assets.

Can you lead a section 166 remediation?

Yes. We scope the review, run it to standard, and deliver the remediation that follows, working alongside your team and your regulator.

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