Infographic: Common Reporting Standard (CRS) – a year on
Financial institutions face unprecedented data management and compliance challenges as they continue to grapple with multiplying CRS and FATCA related global tax transparency regulations.
Banking Technology and Thomson Reuters conducted a survey to assess the challenges faced by financial institutions during the first year of CRS reporting obligations and to learn and share best practices to overcome them.
The results – and the accompanying infographic – are now in!
Use this report as a benchmark to better understand how your organisation’s experience compares to your industry peers, and plan ahead for future years.
Click here to view the full survey results and infographic