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FATCA/CRS reporting goes like clockwork for international fiduciary and corporate services business

Some software solutions claim to have the ability to manage Automatic Exchange of Information (AEoI), but few can do it as effectively as NavOne.

The process of identification, classification and reporting for both the OECD Common Reporting Standard and for the US Foreign Account and Tax Compliance Act (FATCA) are core features of NavOne and are easy to implement.

Based on existing records, or potentially those implemented early in the migration to NavOne, our customers can efficiently report their accounts and account holders in a controlled way ensuring that all relevant records are reported with a complete audit trail and permanent record of what was reported.

The key to success is recognising that AEoI is a part of your business as usual activity and having a systems solution that makes that process run well, like clockwork!

Find out more about our FATCA/CRS capabilities from one of the team; and you could also read this article.

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