The Evolving FATCA/CRS Reporting Landscape: Changes, Challenges, and Solutions

Guo Jian leads AxiomSL’s Global Tax product team. He focuses on AML (KYC) and risk management and is a subject-matter expert in global regulatory tax reporting regimes including FATCA and CRS. Since the introduction of FATCA in Singapore in 2014, Guo Jian has been actively involved in its evolution from both functional and technical perspectives, and works extensively with clients globally on their FATCA and CRS compliance programs.

Guo Jian’s more than 11 years’ experience in the banking and financial sectors include previous positions with UOB, CLSA and BNP Paribas.

Denise is a partner with the PwC Singapore Firm working in the Financial Services Industry practice. She has over 15 years of working experience with financial services clients with specific skills in advisory, assurance and audit related services particularly in business processes, internal controls, and providing advice relating to regulatory and compliance requirements. She is PwC Singapore’s Financial Crime leader as well as CRS and FATCA process implementation leader, advising clients on the end to end process for CRS/FATCA compliance.

Denise actively speaks at industry forums on AML/CTF as well as tax evasion related topics and is an active participant in industry working groups. She has worked in Australia and Japan and regularly leads large teams involving multiple international locations globally and within Asia.

Jenny trained as a Chartered Accountant with Price Waterhouse and moved into their tax department on qualification. Moving to work for HBOS soon afterwards she has been in the financial services sector ever since.  Her experience covers corporation tax, employee and operational taxes.  Initially working as a corporation tax advisor looking at joint ventures, acquisitions and disposals, she then moved into tax reporting and managed the corporation tax compliance function for Lloyds Banking Group. 

Jenny became involved in organisational change, designing of process and controls and implementing tax risk frameworks following the mergers and acquisitions by the Group.

In 2013 a move to operational taxes resulted in her chairing the Operational Tax Working Party at the BBA, working with HMT and HMRC to implement the withdrawal of TDSI, and implementing Help to buy ISA and personal savings allowance.

Jenny moved into Operations in 2018 to head up the FATCA and CRS Central team extracting the report from Big Data and is now concentrating on the use of Machine Learning to improve data quality.