CORPORATE COMPLIANCE

DB FATCA

and CRS Classifier

Find the ultimate owners of your customers or business partners and connect

the dots between entities and people with UBO tools

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Minimize Client Outreach and Standardize Processes

Universal compliance with FATCA and CRS regulations can be complex and challenging. D&B Compliance FATCA & CRS Classifier reduces time to classify clients.

Perform client due diligence or ‘reasonableness check’, by verifying the details held or being on-boarded for the client against locally available public data

Classify the client by different European or global categories, for both FATCA and/or CRS compliance

Monitor change in circumstance for each classification type

Classify and remediate large batches of pre-existing entity account holders

Manage newly on-boarded clients and pre-existing clients with appropriate audit trail and date/time stamping

Process new clients in just a few clicks. Instant classification delivers near real-time client on-boarding

How It Works

The solution has been developed in collaboration with leading corporate tax advisory specialists to adhere to inter-government agreements (IGAs) and adapt to evolving European and global compliance regulations. The easy-to-use, portal-based classifier incorporates D&B's global business information database, spanning more than 300 million entities. Our compliance solutions allow Financial Institutions (FIs) to classify their pre-existing accounts for FATCA and CRS based on locally available public data. An audit trail is provided on the client portfolio, which can be monitored for changes in circumstances, ensuring FIs maintain ongoing compliance with reporting deadlines.

Learn more about the D&B Compliance FATCA & CRS Classifier by accessing our factsheet

Reducing the Burden of FATCA and CRS Regulatory Compliance