Best Practices for Effective FATCA and CRS Reporting

The Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) are international structures established to improve tax transparency and prevent cross-border tax evasion. FATCA, enacted in 2010, requires financial institutions to report data on United States account holders.  On the other hand, CRS was developed by the OECD, expanding the FATCA model. It helps participating countries to exchange data automatically. FATCA/CRS reporting is mandatory for financial entities and fund administrators. These regimes entail strict reporting requirements, progressive…...
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FATCA and CRS Compliance Checklist

The Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) are key global mandates steering how financial institutions address tax compliance. These frameworks require banks, fund managers, and service providers to identify and report the tax residency of account holders to tax authorities. Why does this matter? Because non-compliance can spark crippling fines, reputational damage, and regulatory audits that persist beyond a penalty notice. For cross-border financial institutions, these structures are foundational to doing business, not optional.…...
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Linnovate Partners Sponsors Private Equity Asia Forum 2025 in Singapore​

We are proud to sponsor the Private Equity Asia Forum 2025, Asia's leading gathering for private equity innovation, taking place on June 25, 2025 at Marina Bay Sands in Singapore. Our team will actively participate in this premier event where top investors, fund managers, and industry pioneers convene to shape the future of Asian private markets. At this forum, we'll contribute to critical discussions on navigating economic shifts and geopolitical challenges, implementing AI-driven solutions for value creation, and accelerating digital…...
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Understanding FATCA and CRS: A Comprehensive Overview

Each year, tax evasion costs governments an estimated $492 billion globally. To create more financial transparency governments and regulators have implemented policies to ensure individuals and entities disclose their offshore assets and income to tax authorities.  Central to these changes are the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS). These frameworks require financial institutions (FIs) and fund managers to determine, record, and submit information on account holders who may be tax residents in other jurisdictions.…...
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Case Study: StrongVC

Introduction When StrongVC launched their first funds, its primary focus was on getting the fundamentals right, establishing investment processes, building a portfolio, and ensuring fund administration was in place. However, as the firm scales, its operational requirements grew exponentially and quickly expanded into a demand for scalable solutions that could keep pace with: Increasing transaction volumes from new funds and portfolio activity Investor expectations for real-time transparency and reporting Complex fund structures requiring advanced waterfall calculations and compliance controls To…...
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