Financial institutions adapt to tax transparency
International Tax Review is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Financial institutions adapt to tax transparency

January 28, 2019
feb 19

Tax transparency initiatives such as the CRS, AEOI and FATCA, and the upcoming mandatory disclosure rules, are having a profound impact on the operations and IT infrastructure of financial institutions (FIs) worldwide. Ronald Frey, chief product officer of the RegTech product unit within BearingPoint, discusses how these are creating trends towards data alignment and centralisation, and are changing the role of FIs and wealth managers in cross-border tax reporting.

Unlock this content.

The content you are trying to view is exclusive to our subscribers.

To unlock this content:

Take a Free Trial or Login

Topics

PolandPortugalPhilippinesQatarUnited StatesOmanParaguayPeruPakistanPanamaSloveniaArmeniaSouth AfricaSingaporeAntigua and BarbudaArgentinaSlovak RepublicAustraliaRomaniaAlbaniaRussiaAngolaSerbiaAlgeriaSan MarinoSaudi ArabiaAndorraMonacoMauritiusMexicoMoroccoMongoliaMontenegroMaltaMalaysiaNigeriaNetherlands AntillesNew ZealandFeatureNorwayMyanmarNetherlandsMozambiqueLatviaKuwaitLaosLithuaniaLuxembourgLebanonLiechtensteinKenyaKosovoIsraelItalyIsle of ManJerseyJordanJamaicaJapanKazakhstanGlobalNorth MacedoniaGibraltarGreeceGeorgiaGermanyGuernseyGulf Cooperation CouncilGreenlandGuatemalaHondurasHong Kong SARIndiaIndonesiaHungaryIcelandIrelandIranIraqCubaCuraçaoChileDirect TaxChadCosta RicaCroatiaChinaColombiaCompliance ManagementFranceDenmarkEcuadorCyprusCzech RepublicEuropean UnionFinlandEgyptEstoniaTunisiaBelizeTanzaniaBarbadosBelgiumThailandAustriaSpainAzerbaijanSri LankaSouth KoreaBahrainSwitzerlandBangladeshTaiwanSwedenBahamasCanadaVenezuelaVietnamCayman IslandsBoliviaBosnia and HerzegovinaUgandaTurkeyBermudaUnited Arab EmiratesBulgariaCambodiaUruguayBrazilUnited KingdomUkraineBritish Virgin IslandsITR MagazineFebruary 2019AfricaAsia-PacificEuropeLatin America and Caribbean Middle EastCentral AmericaJurisdictions
more across site & bottom lb ros

More from across our site

Direct Tax
Talent Tracker_ITR image article.png
Talent Tracker quarterly report: US dominates global tax hires
The US is capitalising on a fertile deals market to take centre stage in tax talent recruitment, according to insights from ITR+’s Talent Tracker
Tom Baker, May 01, 2024
Indirect Tax
The first carbon-tariff system, the EU Carbon Border Adjustment Mechanism (CBAM).
Opinion: Companies will look to tax departments to lead on CBAM
The EU’s CBAM is a considerable compliance task for any in-scope companies. As payments loom for many businesses from 2026, tax departments will need to step up and take the lead
Ralph Cunningham, May 01, 2024
Direct Tax
PwC.jfif
PwC Australia vows to invest in tax in new strategy
The firm also pledged to boost its commitment to AI and reinventing clients’ business models
Sam Sholli, April 30, 2024
ITR+ WcW 680x383 Reputation@2x.png
What Corporates Want: depth of team
High-earning businesses place most value on the depth of the external legal teams advising them, according to a survey of nearly 29,000 in-house counsel
Tom Baker, April 29, 2024
Direct Tax
736A9520.JPG
Asia Tax Forum 2024: ‘Tax professionals have never been sexier’
Pillar two is bound to create a compliance challenge for clients, but the desirability of tax professionals has never been higher, the ITR forum heard
Tom Baker, April 29, 2024
Direct Tax
Oslo, Norway - 24 September 2022: PricewaterhouseCoopers or PWC
PwC tax leader misses out on UK senior partner role
Laura Hinton would have been the first-ever woman in that position
Sam Sholli, April 26, 2024
Direct Tax
kpmg.jpg
This week in tax: Plowgian returns to KPMG
The former US Treasury official calls time on his government stint; in other news, the G-24 maintains pressure over international tax policy
Ralph Cunningham, April 26, 2024
Transfer Pricing
Internal Revenue Serice Sign
‘Abusive behaviour where none exists’: US tax rules under fire
Proposed regulations on corporate excise tax pose challenges on different fronts, experts tell ITR
Sam Sholli, April 25, 2024
Awards
WIBL EMEA shortlist announced logo
Women in Business Law Awards EMEA 2024: shortlist announced
The finalists for the 13th annual awards have been revealed
John Harrison, April 25, 2024
Transfer Pricing
Jeremy Brown.jpg
Mazars looking to hire more TP experts, partner confirms
Mazars needs to do all it can to capitalise on TP as a growth area, ex-Deloitte TP director Jeremy Brown has told ITR
Sam Sholli, April 23, 2024
Gift this article