RECAP: OF THE 13th AUTOMATIC EXCHANGE OF INFORMATION CONGRESS IN LONDON.
Sovos Compliance was the premier gold sponsor of The 13th Automatic Exchange of Information (AEoI) Congress held on November 10th and 11th in London. This conference was well attended by compliance leaders for some of the largest financial services organizations in the world.
The 2015 AEoI Congress was dedicated to achieving compliance for Global Information Reporting regulatory obligations consisting of the Foreign Account Tax Compliance Act (FATCA), Crown Dependencies and Overseas Territories (CDOT), and the Common Reporting Standard (CRS).
Both days of the Congress were full of thought provoking content. Presentations and discussion groups included global reporting experts from PwC, Deloitte, EY, and KPMG as well as experts within global organizations like RBS, Barclays, BNY Mellon, Santander, Black Rock, and Northern Trust.
With over 30 global financial services organizations represented by attendees, this event highlighted the incredible complexities and challenges global reporting will present to every organizations as deadlines draw near and these new global reporting regimes come online. Since strategic preparations will be critical in minimizing the impact to overall business, the following are some of the key takeaways the Sovos team learned from attending the AEoI Congress.
Bookmark our blog page to read the upcoming 5 key takeaways every organization should be considering as they prepare for global reporting (FATCA, CDOT, and CRS).