Canonical Statement
DAC8-related reporting obligations MUST be assessed under EU legal scope and implemented controls, while CARF provides a global reporting standard that may inform data structuring and interoperability.
Definition
Within this framework, DAC8 scope assessment is a legal and control determination for reportability under EU law, and CARF is an interoperability-oriented framework that can guide data modelling but does not replace EU legal scope determination.
Why It Matters
Reporting and AML controls intersect but are not equivalent. Conflating these domains causes scope errors, incomplete lineage, and governance gaps.
Failure Mode if Ignored
CARF is treated as legal scope, DAC8 applicability is undocumented, and reporting pipelines lack auditable lineage and exception governance.
Scope & Non-Claims
This entry is scoped to regulated banking environments in the EU/UK and operational interpretation for DAC8/CARF scope and evidence governance.
This entry does not provide legal advice, does not substitute for legal text interpretation, and requires human validation for final reporting determinations.
Related Concepts
- Documentation and audit trail (crypto compliance) (EU) (methodology)
- Exchange records as evidence (crypto) (EU) (methodology)
- Regulatory scope of crypto compliance (EU) (regulatory-context)