How KPMG AEOI Reporting provides a technology solution for FATCA & CRS reporting, and how this can be a global solution for financial institutions
With the OECD Common Reporting Standard (CRS) now operating across more than 100 jurisdictions, many organisations have found reporting under the Automatic Exchange of Information (AEOI) regimes challenging without a reliable technology solution. The significant increase in volume and complexity facing organisations in the early years – whether they operate in 1 or 50 jurisdictions – means that staying on top of their reporting obligations can be extremely difficult.
Recognising the challenges faced by organisations, KPMG developed KPMG AEOI Reporting – a simple and cost-effective solution for large and small organisations, which has been used by hundreds of financial institutions in over 60 jurisdictions for AEOI reporting.
This flyer looks at how KPMG AEOI Reporting provides a technology solution for reporting under the Foreign Account Tax Compliance Act (FATCA) and the OECD CRS, and how this can be a global solution for financial institutions.