Foodman CPAs and Advisors

CRS 3.0: What LATAM Compliance Teams Need to Know Now

In 2024, the OECD introduced a major update to the Common Reporting Standard (CRS), known as CRS 3.0. While formally adopted in 2024, 2025 is a critical transition year for financial institutions and jurisdictions preparing for mandatory compliance beginning January 1, 2026, with the first reports due in 2027.  For compliance officers, family offices, and […]