Cayman Islands: Updates on FATCA & CRS

EU strengthen AML/CFT measures

Inland Revenue Authority of Singapore released FATCA updates related to IRS Notice 2023-11

Armenia commits to AEOI Standards by 2025

HMRC provided updates on FATCA reporting for the calendar years 2022 to 2024

European Commission - updates on initiatives to address tax challenges due to non-EU shell entities

Malta – Updates on Automatic Exchange of Financial Account (AEoI) Implementing Guidelines

Australian Taxation Office provides FATCA updates related to the U.S. Tax Identification number

Singapore – FATCA fileable PDF Form reporting the year 2022 released

Abu Dhabi Global Market released regulations to comply with the Foreign Account Tax Compliance Act

Germany - Obtaining a U.S. TIN during account opening may be disproportionate

CRS Reporting – What are the hidden perils on Hong Kong’s Financial Institutions?

FATCA Model-1 IGA’s - a case of asymmetrical reciprocity?

The “Cyprus papers” illustrates how CRS and FATCA might be undermined

Why AML/CFT based practices to prove the residency status under CRS & FATCA might be inadequate?

FATCA AML/KYC procedures concerning US dual residents are state-of-the art in Hong Kong?

China - Updates on CRS reporting of TINs, English names and the extension of the reporting due date

Hong Kong - AEoI regulations amended to meet OECD recommendation on BO's of partnerships and trusts.

Hong Kong seeks to amend his AEoI framework to meet OECD recommendations on Controlling Persons.

Hong Kong - AEoI/CRS Due diligence and reporting obligations for 2020 and beyond