Simplify your FATCA Reporting with DataTracks’ comprehensive software
The FATCA/CRS regime was brought into force to detect and bring into undisclosed record assets held by citizens in foreign countries by imposing reporting obligations on the Financial Institutions (FFIs) of each participating country. The regime imposes challenges such as identifying the reportable accounts and complying with relevant reporting schema. With DataTracks’solution for multiple FATCA/CRS regimes, compliance has become easier and simpler by connecting with your internal systems or format and generating the report for submission.