Financial services firms engaged in securities transactions are falling behind in meeting tax burdens because the speed and complexity of regulatory change is causing tax data management anxieties, according to a new report from SIX Financial Information. This data disconnect is moving faster than firms can pull systems together to span the chasm, and faster… Read More >>
New Markit Service Targets the Demands of CRS
Markit is launching a due diligence solution intended to help financial services firms meet a forthcoming standard for the automated exchange of financial account information, particularly as it relates to know your customer (KYC) requirements. Created with help from officials at Barclays and Brown Brothers Harriman (BBH), the new offering is Markit│CTI Tax Solutions for… Read More >>
