Tag: CRS
How Comply Exchange’s WHS Extractor is transforming financial documentation
The Comply Exchange Withholding Statement Extractor stands out in the FinTech landscape as an innovative AI-powered solution, transforming the way withholding statements are handled by financial institutions.
How RegTech innovations are revolutionizing tax compliance in finance
Ross McGill, the Chairman and founder of TConsult Ltd, has a profound history in steering the company through two decades of regulatory evolution.
Expanding global cooperation: How new jurisdictions commit to CRS exchanges
On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean.
Enhanced reporting and audit powers: A deep dive into Canada’s federal...
On 16 April 2024, Chrystia Freeland, deputy prime minister and federal finance minister, unveiled the Canadian Federal Budget for 2024-2025. This budget introduces pivotal tax measures, particularly focusing on the implementation of the Crypto-Asset Reporting Framework (CARF) and modifications to the Common Reporting Standard (CRS), which are set to be enforced from 2026.
Navigating tax compliance: How FinTech innovates CRS and FATCA reporting
In the rapidly evolving global finance sector, the importance of complying with regulatory frameworks like the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) cannot be overstated.
How technology elevates investor experience and compliance
The asset servicing industry is currently navigating through turbulent waters, marked by escalating fee pressures, rapid technological advancements, stringent regulations, and a volatile macroeconomic...
Navigating the labyrinth of FATCA and CRS compliance in the APAC...
In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.
How can firms navigate FATCA and CRS reporting?
Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.
KOGER offers complete end-to-end solution for investor services
KOGER, a global financial services technology company, has beefed up its flagship fund administration platform to address the additional challenges the industry face.
Pega to use AI to personalise customer onboarding process
Pegasystems has introduced new artificial intelligence (AI) capabilities in the latest version of for its KYC and client lifecycle management applications.
