FATCA AND CRS
It is a fact that Anti-Money Laundering and Countering the Terrorism Financing (AML/CFT) legislation has been toughened over the past decades. Moreover newly agreements such as FATCA and CRS (Common Reporting Standard), have brought the exchange of information between countries into the spotlight.
In that sense, our FATCA and CRS (Common Information Standard) Solutions cover all the regulations derived from said those agreements.
For that purpose, our FATCA and CRS Solutions seek any link with a subscribed country, either to FATCA or to CRS, and they analyse the situation of the associated accounts on December the 31st. Once the analysis is completed, the communication is produced and it is facilitated through the services provided by the regulator.
according to account opening