On a daily basis, i will keep myself updated with the latest regulatory requirements under FATCA and CRS and the global developments surrounding tax transparency. This includes monitoring developments in OECD, United States, United Kingdom, Channel Islands, India, China, Korea, Hong Kong etc.
I have provided assistance in remediation services for private banks and to some of the larger local banks in Singapore.
The hardest part of the job is to stay updated in regulatory requirements when the regulations are not written in English. This involves regular communication with international KPMG firms to seek understanding on the requirements.
Working with large prestigious institutional clients