A centralized reporting model to cover the reporting requirements of tax authorities

Deliver tax control and reporting compliance across your financial institution and its branches through a centralized reporting model.

Key benefits

  • Increased Efficiency

    Automating the process from end-to-end – data loading, quality and plausibility checks, reporting, data submission, reconciliation, and automated corrections – provides greater efficiency and accuracy.

  • Always Up-to-Date

    Constant monitoring of tax laws and collaboration with Big 4 firms ensures your reports keep pace with rapidly changing requirements.

  • Compliant and Precise Reporting

    An up-to-date understanding of tax reporting requirements plus several thousand data quality and plausibility validation rules ensure the best possible reporting results.

Regnology’s extensive global coverage of tax regimes and its close engagement with tax authorities across multiple jurisdictions makes it a stand-out in this category.

Judge Regulation Asia Awards for Excellence

Features

  • Easy-to-Use UI

    An easy-to-use user interface simplifies the collection, processing and exchange of data.

  • Automation

    Automating the process from end-to-end with powerful features such as automatic corrections, reconciliation and submissions.

  • Extensive coverage

    Regnology covers all transaction and instrument types including crypto assets together with the related tax rules for each jurisdiction.

  • Audit Trail

    With its built-in audit trail each change is logged along with details of the change.

  • Deployment flexibility

    Our different deployment options – cloud, managed service, and hybrid solution – ensure you will find the best option for maintaining a healthy bottom line.

Regulatory coverage

  • CARF

    The OECD's Crypto-Asset Reporting Framework (CARF) is the global standard for automatically exchanging tax information on crypto-asset transactions.

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  • DAC8

    DAC8 is the eighth amendment to the Directive on Administrative Cooperation, providing for the automatic exchange of information on crypto-assets between EU Member States.

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  • CRS 2.0

    CRS 2.0 is the OECD's updated Common Reporting Standard for automatically exchanging financial account information.

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  • CESOP

    Central Electronic System of Payment Information (CESOP) introduces reporting requirements for Payment Service Providers (PSPs) to help combat VAT fraud by cross-border sellers.

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  • Form 1099-DA

    As IRS oversight of digital assets expands, Form 1099-DA introduces new reporting requirements for cryptocurrency and NFT transactions.

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  • FATCA

    The Foreign Account Tax Compliance Act (FATCA) requires foreign institutions and certain entities to report U.S.-held accounts and assets or be subject to withholding.

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Related solutions & services

  • Regnology CARF/DAC8

    Streamlined regulatory tax reporting solution to comply with CARF/DAC8 requirements

    Learn more
  • Regnology CRS

    Efficient regulatory tax reporting solution to comply with CRS/AEOI.

    Learn more
  • Regnology CESOP

    Efficient regulatory tax reporting solution to comply with the Central Electronic System of Payment Information (CESOP) requirement.

    Learn more
  • Regnology Client Tax

    Streamlined client tax reporting for on-shore and off-shore accounts and all asset classes including crypto.

    Learn more
  • Rcloud

    Bringing greater efficiency, scalability and security across all Regnology’s cloud-native solutions.

    Learn more

Related resources

  • Getting to grips with Crypto-Asset Reporting Framework (CARF)

    Webinar

    Getting to grips with Crypto-Asset Reporting Framework (CARF)

    Eliminate reporting blind spots and ensure operational readiness for CARF compliance.

    Read more
  • Guide to global digital asset tax compliance

    Insight

    Guide to global digital asset tax compliance

    CARF, DAC8, CRS 2.0, and 1099-DA are reshaping tax reporting across jurisdictions. This e-book is a comprehensive guide to global digital asset tax compliance for traditional banks and crypto-native platforms.

    Read more
  • ING selects Regnology’s tax reporting solution to centralise and streamline tax reporting across jurisdictions

    Insight

    ING selects Regnology’s tax reporting solution to centralise and streamline tax reporting across jurisdictions

    ING selects Regnology’s tax reporting solution to centralise and streamline tax reporting across jurisdictions

    Read more
See more insights

Find out more

Download the Regnology Regulatory Tax brochure →

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