The Foreign Account Tax Compliance Act (FATCA) has been part of the Operational Taxes cycle for most Financial Institutions since 2013; the Common Reporting Standard (CRS) nearly as long. Many things have changed over this period, but have your FATCA and CRS processes?
The recent Joint Statement confirms that CRS 2.0 is going live. This brings more Financial Institutions into scope and increases the compliance burden for all. It is important that Financial Institutions understand the changing regulatory environment, the options available to them to improve processes, and how addressing these can help the wider business.
Join our webinar as Alistair Nichol, Laurence Kiddle and Mark Schofield explore the FATCA and CRS changes you need to consider and the importance of technology in managing compliance risk and creating business insights.
Find out more about:
- How to comply with the expanding scope of FATCA
- The changes to enforcement
- How to manage Relevant Authority audits
- Key ways AI, Machine Learning, and other technology can help compliance and provide additional benefits
Alistair's practice spans tax advisory and transactions, primarily to both UK-focused and international Financial Services businesses. He has a particular focus on insurance, investments and broker markets. He also has significant expertise in both financial and regulatory tax accounting.
Laurence leads Evelyn Partners' Technology and Transformation Services team. He helps businesses simplify the increasingly complex world of tax and regulatory compliance through process improvement and redesign, and custom and off-the-shelf tech deployments.
Mark is an Operational Taxes specialist with a reputation in the market for technical knowledge and experience. He focuses on helping Financial Services organisations meet the requirements of new and evolving tax regulation.