Corporates stress about reputational risk over non compliance with FATCA and CRS

‘The results of the survey demonstrate that institutions’ greatest concerns regarding FATCA and CRS relate to regulatory uncertainty, internal readiness and compliance,’ said Michael Drinkwater, head of Onesource FATCA and CRS for Thomson Reuters.

‘Although institutions largely share common concerns, their level of preparedness and approaches vary widely, which leads to questions about which methods will ultimately lead to the best

FULL ARTICLE https://www.cchdaily.co.uk/corporates-stress-about-reputational-risk-over-non-compliance-fatca-and-crs

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