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Common Reporting Standard

CRS 2.0 Gap Analysis

Prepare your organisation

The OECD’s CRS 2.0 updates introduce material changes to the Common Reporting Standard, expanding reporting obligations, introducing enhanced due diligence requirements, and strengthening data collection, validation, and control expectations for financial institutions, including in relation to certain Relevant Crypto-Assets

Our CRS 2.0 Gap Analysis helps you understand how these new requirements impact your organisation across your full operating model. We review your existing documentation, policies, data, and operational procedures, assess them against the amended CRS requirements, and deliver a clear and practical action plan to support compliance.

Why a CRS 2.0 gap analysis matters

The CRS updates introduce important changes, including:

  • Introduction of new reportable data elements

  • Enhanced due diligence requirements

  • Strengthened TIN validation expectations

  • RBI/CBI enhanced due diligence

  • Expanded scope including crypto-assets

  • Increased CiC monitoring

  • Stronger governance and auditability

  • Increased regulatory scrutiny

Financial institutions that rely on existing CRS frameworks may find that their current processes, documentation standards, and data models are no longer sufficient to meet the amended CRS requirements.

A structured gap analysis allows you to identify issues early and plan an efficient, controlled transition to the new requirements.

What we do

Our experts carry out a detailed review of your current CRS operating model to identify gaps, control weaknesses, and areas requiring enhancement, including:

Get ahead of CRS 2.0

Contact us

CRS 2.0 will introduce new compliance challenges for financial institutions worldwide. A proactive gap analysis ensures your organisation understands the impact early and has a clear plan to respond.

Contact us to discuss your CRS 2.0 Gap Analysis or to arrange an initial consultation.