Tag: financial institutions

Complying with international tax reporting standards like FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) has become increasingly complex for financial...

The U.S. Department of Commerce’s BIS has made a decisive move to strengthen export control enforcement by closing loopholes that allowed sanctioned entities to...

Payments are undergoing a rapid transformation as instant settlement becomes the new standard. Both domestic and cross-border instant payment schemes are reshaping expectations for...

Eventus has partnered with Treliant to strengthen trade surveillance capabilities for financial institutions worldwide. Huron | Treliant combines regulatory expertise, deep sector knowledge, and...

AML Trends 2025: 202 compliance professionals from 39 countries shared insights on AML technology adoption 43% cited insufficient budgets as the biggest barrier to...

A long-standing challenge in global tax operations has been the collection, validation, and maintenance of tax documentation from non-U.S. intermediaries. Among these, the W-8IMY...

As the 2025 tax reporting season approaches, financial institutions are preparing for one of the most significant updates in recent years to the IRS’s...

US federal banking regulators have announced the withdrawal of the Principles for Climate-Related Financial Risk Management for Large Financial Institutions, ending the short-lived guidance...

Banks occupy a crucial position in the global financial ecosystem, serving as the primary channels for trade and cross-border financial transactions. Because of this central...

Financial institutions have spent the past decade navigating an ever-expanding landscape of regulatory obligations. With the introduction of Basel 3.1, the sector faces not...