HMRC’s CRS update is a control test for financial institutions

HMRC’s 29 April 2026 update contains two CRS-relevant changes that Financial Institutions should focus on: penalty guidance ...
JD Supra

CRS 3.0, CARF, and FATCA: Cross-Border Reporting Risks for 2025–2026

The transition to CRS 3.0 and the implementation of CARF for digital assets are redefining how cross-border reporting is examined. Financial institutions remain central to FATCA and CRS reporting, but ...
JD Supra

Understanding FATCA and Its Impact on Foreign Financial Institutions: Why Finding Financial Services as an American Abroad Can Be Challenging

As an American living abroad, you may have experienced firsthand the challenges of finding a financial institution willing to work with you. Whether it’s for opening a bank account, investing in local ...
Finextra

Designing for Global Compliance: Why UX Matters in CRS and FATCA Platforms

Global tax regimes such as CRS and FATCA are reshaping the operational landscape of financial institutions. Firms are required to collect, validate, and report vast amounts of client data across ...