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AI coding agents expose a new RegTech risk
AI coding agents are becoming increasingly capable of developing software with limited human intervention, but their growing role in the development process is creating...
AI could turn tax compliance into a continuous process
Tax compliance has traditionally relied heavily on people to manage documentation, withholding and reporting obligations. But as financial institutions face increasingly complex tax rules...
CRS 2.0 is changing what it means for fund administrators to...
The introduction of CRS 2.0 is changing more than the amount of information fund administrators need to report. It is also changing what clients...
Could better AI prompts transform tax due diligence?
Artificial intelligence is rapidly becoming a core component of tax due diligence, helping professionals review transaction data, assess tax positions, identify risks and accelerate...
Why AI agents need questions, not instructions
Professional services firms adopting AI agents may be approaching the technology with the wrong mindset, according to TAINA Technology’s Rich Kent, who argues that...
TAINA: Automating compliance under the Cayman Islands’ CRS framework
The Cayman Islands’ Department for International Tax Cooperation (DITC) has announced plans to strengthen its enforcement of the Common Reporting Standard (CRS).
Taina Tech, which...
Leveraging technology for improved CRS compliance in Taiwanese FIs
The Common Reporting Standard (CRS) has significantly impacted financial institutions (FIs) globally, aiming to enhance tax transparency and cooperation among jurisdictions. Taiwan's Ministry of Finance, in a report issued in May 2024, highlighted several ongoing deficiencies in Taiwanese financial institutions' adherence to these requirements.
