Automatic Exchange of Information: The Common Reporting Standard
Automatic Exchange of Information: The Common Rep...
The OECD (Organisation for Economic Co-operation and Development) Common Reporting Standard (CRS) is a big step towards a globally coordinated approach to disclosure of income earned by individuals and organisations.
This report looks at the impact of CRS and the influence these new Standards have upon financial institutions around the world, and considers the steps financial institutions should take to achieve compliance cost-effectively.
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