Wednesday, 9 June 2021
1pm SGT | 3pm AEST

CRS – Status Quo and the Way Forward

An Industry Review of CRS Implementation

In Partnership With

Tokyo
Why This Webinar Panel Discussion?

In the last few years, over 130 jurisdictions have begun reporting on the OECD Common Reporting Standard (CRS). With a robust and effective CRS framework now in place, we take time out to reflect on the progress, current challenges and what the future holds for this Tax reporting regime across markets.​

The goal was to increase the fiscal transparency of cross-border wealth management and combat offshore tax evasion. However, CRS has kept financial institutions really busy and being compliant with CRS requirements means a major increase in reporting requirements for financial institutions.

So, what is the status quo of the tax transparency initiative? What are the challenges that new joiners are facing? And looking retrospectively, how successful has the CRS been so far? Are there specific learnings from the past years which can be shared with new joiners when it comes to software or project management? Are there best practices of implementing CRS requirements together with other compliance practices?

These are some of the questions we are looking to address in our series of webinars, starting with an APAC Review with our incredible panel of industry experts.

The Key Take-Aways

The Status Quo of CRS across the APAC Region

CRS Success Rate and expectations for any new joiners

Learnings in the recent years - from project management to software support

CRS, Compliance Best Practices and the way forward

Blurred skyscrapers

The Webinar Panel

Click to View Speaker Details

This Webinar is in Partnership with

REGNOLOGY

Regnology is a leading international provider of innovative regulatory, risk, and supervisory technology solutions (RegTech, RiskTech, and SupTech), of AEOI and tax reporting products, as well as of services along the Regulatory Value Chain for financial services. Regnology has been a partner for banks and regulators for 25 years. Until the end of 2020, the company was part of BearingPoint group and operated under the name BearingPoint RegTech. Since the sale of the RegTech business to private equity firm Nordic Capital, the company has been independent. In June 2021, the company joined forces with Vizor Software and recently changed its name to Regnology. In total, Regnology serves more than 7,000 financial services firms with reporting solutions. At the same time, the company enables more than 50 regulators and tax authorities on five continents to collect data from 34,000 firms in 60 countries. Regnology has a total workforce of over 770 employees at 17 office locations in 12 countries.