Need to submit a CESOP nil return? XML Authority Essential is the answer. Most CESOP reporting solutions require a wholesale system change to identify reportable payments and payees. For PSPs and e-money institutions who have less complex operations, most of these...
Simplifying CESOP Reporting The XML Software Solution for Payment Service Providers In the evolving landscape of financial regulations, Payment Service Providers (PSPs) face the challenge of adapting to the Central Electronic System of Payment information (CESOP)...
An Overview The Common Reporting Standard (CRS) TABLE OF CONTENTS What information is required for reporting purposes? What is the primary objective of CRS reporting? Who is obligated to comply? Common Reporting Standard (CRS) reporting is a global initiative aimed at...
5 things you should know about FATCA TABLE OF CONTENTS 1. What is Foreign Account Tax Compliance Act (FATCA) reporting? 2. What information is required for reporting purposes? 3. What is the primary objective of Foreign Account Tax Compliance Act...
Differences between XBRL and iXBRL in regulatory reporting As businesses continue to grow, so does the complexity of their regulatory reporting requirements. Companies must provide accurate and timely reports to regulatory bodies to comply with regulations and...
The Evolution of International Tax Reporting International tax reporting has evolved greatly in recent years through the implementation of XML reporting frameworks such as Common Reporting Standard (CRS), Foreign Account Tax Compliance Act (FATCA), Country-by-Country...