The law enters into force on 1 January 2026.
Finland has gazetted Law 1044/2025 of 28 November 2025 on 1 December 2025 to implement EU Directive 2023/2226 (DAC8) of 17 October 2023, introducing new reporting and due diligence requirements for crypto-asset service providers.
Approved by the European Council in October 2023, DAC8 is primarily based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the revised Common Reporting Standard (CRS) for the automatic exchange of financial account information for tax purposes.
The proposed legislative amendments would implement the amendment to the Directive on Administrative Cooperation in the Field of Taxation, or the Mutual Assistance Directive. The amendment extends the automatic exchange of information between EU countries to information reported by crypto-asset service providers.
This directive introduces new reporting and due diligence obligations for crypto-asset service providers. The European DAC8 Directive aims to increase transparency regarding crypto asset ownership, which will help combat tax avoidance and evasion more effectively. It also facilitates enhanced information exchange on cross-border rulings for high-net-worth individuals and sets penalties and compliance measures for reporting obligations.
Law 1044/2025 enters into force on 1 January 2026.
Earlier, Finland’s Parliament was reviewing draft bill HE 84/2025 vp, which aims to implement the Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8).
