Tag: self-certification

FATCA and CRS reporting season tends to end the same way for many financial firms: the file is prepared, reviewed, submitted, and the team...

For compliance teams currently working through their FATCA and CRS reporting cycle, the pattern will feel all too familiar. What ought to be a...

The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.