Tag: Taina Technology

In 2026, the gap between firms that use RegTech and those that don't is becoming a chasm. Compliance used to be about staying out...

As 2025 comes to an end, RegTech is entering a period of renewed momentum — but with clearer eyes and higher expectations. Advances in...

As regulatory oversight expands beyond finance into sectors like healthcare, technology, and supply chains, the complexity and speed of compliance demands are surging. RegTech,...

In the rapidly evolving realm of financial compliance, US banks are consistently on the lookout for advancements that can streamline their operations and enhance...

Since its launch in 2014, the Common Reporting Standard (CRS) has been a pivotal framework for the automatic exchange of financial account information globally, established by the Organisation for Economic Co-operation and Development (OECD).

The Cayman Islands’ Department for International Tax Cooperation (DITC) has announced plans to strengthen its enforcement of the Common Reporting Standard (CRS).

TaxBit and TAINA Technology, two industry-leading tax compliance solutions providers, have announced a strategic partnership to deliver a comprehensive end-to-end tax reporting solution for the digital economy.

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.

RegTech has transformed how institutions approach their regulatory responsibilities. By reducing manual tasks, cutting costs, and sometimes enhancing customer experience, RegTech is increasingly becoming an integral tool in various industries.

In order to ensure compliance with regulations and guidelines that govern the financial industry, it is vital to monitor regulatory changes.