‘Nowhere To Hide’ As Global Tax Evasion Net Tightens

Innovative Aussie Regtech Software Platform Partners with Trusted
Source to Start Global Rollout in Singapore

SINGAPORE – Media OutReach
– 7 May 2018 – Australian-based Regtech firm GCS Agile has signed
its first international agreement in Singapore for the use of

FACS, their F
ATCA (Foreign Account Tax Compliance Act) A
nd C
RS (Common Reporting Standard) S
ervice.
 

FACS is a world leading software program built specifically to
manage the complex requirements for the Common Reporting Standard
(CRS), for which reports in Singapore and Australia are due for the
first time this year. The partnership is with Trusted Source Pte
Ltd, a wholly-owned subsidiary of Temasek Management Services Pte
Ltd.

“We are thrilled to partner with GCS Agile on this important
initiative aimed at reducing tax evasion globally. Singapore is a
perfect launch pad for such technology given its strong commitment
to the rule of law

... read more at: http://www.asiaone.com/corporate-news-media-outreach/%E2%80%98nowhere-to-hide%E2%80%99-as-global-tax-evasion-net-tightens