Elizabeth A. McMorrowJun 23, 2021Guernsey Issues FATCA/CRS Compliance TipsGiven that FATCA and CRS have been in place for several years, Financial Institutions (FIs) should be prepared for examinations and...
Elizabeth A. McMorrowJun 22, 2021Isle of Man FATCA/CRS PenaltiesThe Isle of Man announced Financial Institutions (FIs) who miss the FATCA and CRS reporting deadline will be liable to an initial late...
Elizabeth A. McMorrowJun 14, 2021Mauritius Alert: CRS Common Errors May Result in PenaltiesThe Mauritius Revenue Authority (MRA) recently issued two communiques regarding Common Reporting Standard (CRS) reporting errors and...
Elizabeth A. McMorrowJun 9, 2021What Is the IRS No TIN List?As part of a Financial Institution’s (FI’s) FATCA obligations, an FI must conduct due diligence that includes collecting a non-U.S....