The incoming common reporting standard (CRS) regime may be fraying a few nerves among Asia’s private banks but, by general consensus, much of the burden will fall squarely on the shoulders of relationship managers who will need to strike a balance between providing a “seamless onboarding experience” and adhering to the requirements of CRS, say attendees of Asian Private Banker’s RM Nexus:…
CRS has the “potential to level the playing field” and RMs will carry that burden
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