(US Region) Ensuring FATCA and CRS Compliance - Updates and solutions for the latest enforcement guidelines
06/23/22 • 21 min
The Cayman Tax Information Authority (TIA) recently released its CRS enforcement guidelines outlining the circumstances under which financial institutions could face penalties for failing to comply with the Common Reporting Standard (CRS).
It also outlined the process by which financial institutions would be notified of penalties, and the notice and appeals process by which they may contest penalty imposition. Listen to find out more about the latest enforcement guidelines and the latest updates in relation to FATCA and CRS from our in-house experts.
The Cayman Tax Information Authority (TIA) recently released its CRS enforcement guidelines outlining the circumstances under which financial institutions could face penalties for failing to comply with the Common Reporting Standard (CRS).
It also outlined the process by which financial institutions would be notified of penalties, and the notice and appeals process by which they may contest penalty imposition. Listen to find out more about the latest enforcement guidelines and the latest updates in relation to FATCA and CRS from our in-house experts.
Previous Episode
Ensuring FATCA and CRS Compliance – Updates and solutions for the latest enforcement guidelines
The Cayman Tax Information Authority (TIA) recently released its CRS enforcement guidelines outlining the circumstances under which financial institutions could face penalties for failing to comply with the Common Reporting Standard (CRS).
It also outlined the process by which financial institutions would be notified of penalties, and the notice and appeals process by which they may contest penalty imposition. Find out more about the latest enforcement guidelines and the latest updates in relation to FATCA and CRS from our in-house experts.
Moderator:
Elaine Chow
Panelists:
Roman Ipfling
Michelle Chan
Next Episode
The Latest Cayman Islands AML Trends and Industry Best Practices for Investment Funds
In this podcast, our experts discuss the latest developments and current trends on AML regulations for investment funds and bring insights from a wide range of perspectives including administrators, AML officers and auditors.
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/waystone-227110/us-region-ensuring-fatca-and-crs-compliance-updates-and-solutions-for-25751150"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to (us region) ensuring fatca and crs compliance - updates and solutions for the latest enforcement guidelines on goodpods" style="width: 225px" /> </a>
Copy