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Don't Fail at CRS 2.0: Treating Updates as a Compliance-Only Exercise Misses the Mark

As CRS 2.0 and CARF move into active application in 2026, a clear divide is emerging. Financial institutions that treat these frameworks as narrow compliance updates are struggling with data gaps and operational risk, while those embedding them as enterprise-wide data and governance initiatives are strengthening audit readiness, transparency, and regulatory confidence.
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