
Tag Archives: CRS


Philippines tax amnesty has limited impact on HNWIs

Relocating HNWIs must scrutinise local tax rules to avoid shocks: BDO

Chinese demand for wealth planning spells opportunity for independent trust companies

CRS impact could be blunted by “broadly unorganised” data

OECD’s “incredibly complex” mandatory disclosure rules could cause headaches as CRS exchange looms

Disputes might arise over tax residencies as CRS information exchange looms

Asian HNWIs’ search for privacy “consigned to history”

Client tax reporting a priority as CRS kicks in

Taiwan’s local private banks worried about incoming CRS framework

Non-resident UK asset owners under pressure ahead of CRS info exchange

Asia’s independent asset managers: a snapshot survey

2017’s key regulatory enforcements

Three ways Chinese HNWIs are preparing for CRS

StanChart’s private client asset transfers likely done to “defer” CRS obligations

Hong Kong a step closer to entering multilateral tax transparency network

HK signs CRS agreement with Switzerland, plans afoot to enter multilateral network

StanChart says US$1.4 billion transaction under investigation was proactively reported

Indonesian watchdog investigates StanChart’s private client asset transfers

Regulators in Singapore and Guernsey “investigating” StanChart’s transfer of private banking assets

Indonesia to clamp down on tax evasion six months after amnesty ends

Private banks grappling with data management issues as CRS looms

August Regulatory Round-up: precedent-setting mis-selling ruling; cybersecurity a concern; CRS less so

Compared to FATCA, CRS will be “very simple” for private banks

CRS will temporarily increase financial complexity, consultant says

Indonesia passes law that paves the way for AEOI participation

Private banks in Asia need to renew their FATCA agreements by month’s end

Singapore signs AEOI agreement with Switzerland

Advent of CRS means private banks and tax authorities must develop close ties, says tech vendor

Hong Kong signs AEOI agreement with New Zealand

With inspection looming, Hong Kong could abandon bilateral approach to CRS preparations, says lawyer

Singapore will sign tax treaty with Indonesia when its safeguards are in place: minister

Indonesia adds major financial centre to its tax reporting network

Asia’s bias towards family-owned businesses means “privacy is a bigger issue here” ahead of CRS rollout

Singapore signs multilateral tax reporting agreements to bolster partner network

Hong Kong signs AEOI agreement with Indonesia, prepares for information exchanges

Changes to tax landscape more extreme “than any period in history”, says tax specialist

HKMA and PWMA roll out “treat customers fairly” framework to keep industry “competitive”

Unlikely that Chinese citizens can avoid AEOI scrutiny by changing nationality, says law firm

Credit Suisse’s Cavalli on striking a balance between his two roles

Bank secrecy relating to taxes “has ended”, says Indonesia’s finance minister

Indonesia authorises tax office to access account information at financial institutions

Transaction monitoring may be ripe for automation, but no machine will beat the client “smell test”

HK bankers managing Mainland client assets should “keep abreast” of CRS developments

HK signs two more AEOI agreements, 63 others in the pipeline

Web search data points to uptick in Asia CRS chatter

HK private banks must “rapidly expand” AEOI compliance approach, as govt eyes new reporting partners
