Colombia’s DIAN updated CRS reporting rules to include crypto and digital assets, with new definitions, enhanced due diligence and reporting starting in 2027.
The Colombian Tax and Customs Authority (DIAN) has revised its reporting framework for the automatic exchange of financial information under the OECD’s Common Reporting Standard (CRS) to include cryptocurrencies and digital currencies, published in Resolution No. 000241-2025 on 24 December 2025.
The revised rules introduce new definitions for financial and digital instruments, including specific e-money products, Central Bank digital currency, fiat money, crypto-assets, and relevant crypto-assets. Financial institutions are required to report additional information while exempting data already reported under the Crypto-Asset Reporting Framework (CARF).
The regulations also strengthen due diligence obligations, specifying procedures to identify reportable persons and technical requirements for electronic data submission. The updated framework applies to financial information collected from 2026 onwards, with reporting due starting in 2027. Compliance is mandatory for institutions handling investment products, with penalties for inaccurate reporting.
Earlier, DIAN issued Resolution No. 000240 establishing a formal framework for reporting crypto-asset transactions.
