Instructions for reporting financial institutions on deregistering from FATCA / CRS systemShare February 21, 2025 The UAE Ministry of Finance (MOF) on February 4, 2025, issued an updated version of the FATCA and common reporting standard (CRS) system user guide (V2.3). The user guide has ...
UAE: Updated FATCA and CRS system FAQs The UAE Ministry of Finance issued updated FATCA and CRS system “frequently asked questions”. June 27, 2024 News British Virgin Islands: Webinar on CRS reporting and deregistration procedures for entities The International Tax Authority hosted a webinar fo...
FATCA/CRS is now part of the KYC – Know Your Customer requirement. It is just a time when they too start receiving FATCA/CRS notices. Banks are going step by step. First communicate obvious i.e. holders of NRO/NRE and then contact others. By end of 2016, they would have received th...
Claire is a member of the Institute of Chartered Accountants of England and Wales and has over 8 years of professional experience working with a range of international clients in the Financial Services Industry. Claire leads FATCA/CRS team in the Middle East and North Africa region and assists ...