We assist our clients in:
- Designing and implementing internal processes and procedures to ensure compliance under Foreign Account Tax Compliance Act (FATCA) / Common Reporting Standards (CRS).
- Applying the prescribed due diligence rules and completing the ‘Self-Certification’ exercise.
- Acting as the resource person to the competent authorities in relation to FATCA/CRS queries.
- Attending to queries from banks or other financial institutions.
- Compiling, assessing and validating the reportable information under FATCA/CRS.
- Reporting to the competent authorities by the set deadlines, inclusive of filing of audited account in XBRL format.