As South Africa strengthens its commitment to global tax transparency, financial institutions face increasing pressure to navigate the evolving compliance landscape. To address these challenges, Trans World Compliance is bringing South Africa’s CRS and FATCA Compliance, Automation and Industry Readiness Conference to industry leaders, regulators, and financial institutions.

This exclusive event will provide a platform to discuss regulatory developments, compliance challenges, and the role of automation in streamlining tax reporting under the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA).

South Africa’s Tax Compliance Landscape

As an active participant in global tax transparency initiatives, South Africa has implemented stringent compliance measures through the South African Revenue Service (SARS) and other regulatory bodies. Financial institutions are required to accurately report tax-related financial information, ensuring global cooperation in combating tax evasion.

Maintaining tax compliance comes with complex challenges, says Daniel Farías, Head of Sales & Marketing at Trans World Compliance. “Some of these challenges include data accuracy and validation, regulatory updates, automation and efficiency and due diligence,” he explains. “This conference will provide an opportunity for financial institutions to engage with regulators and experts to see how they can adapt and leverage technology to ensure seamless compliance.”

“The conference will also highlight key opportunities, such as: Reducing administrative burdens while increasing accuracy, strengthening credibility with international financial regulators and minimising financial and reputational risks through proactive compliance,” Farías says. "As global tax regulations evolve, financial institutions must embrace automation to ensure compliance without compromising efficiency. This conference provides an essential platform to discuss industry readiness and the transformative power of technology in regulatory reporting."

Conference Agenda: Key Topics & Discussions

The event will feature thought-provoking discussions and expert insights on:

• CRS & CARF Reporting: Is the Industry Ready?
• Global Minimum Tax: Implementation & Compliance in South Africa
• Compliance Automation & Digital Transformation
• Automation & The Burden of Increased Regulatory Reporting
• Gray listing: Can South Africa Meet the October FATF Deadline?
• Digitization of Tax Administration & the Future of Compliance
• Data Protection, AI & Client Data – Impacts from POPIA

Key Takeaways for Attendees

• How AI is transforming compliance, risk management, and fraud detection
• Balancing regulatory compliance with data privacy laws (POPIA vs. FATCA/CRS)
• Protecting sensitive client data while ensuring tax transparency
• Mitigating risks of data breaches, cyber threats, and unauthorized data sharing
• Understanding SARS’ compliance expectations and addressing regulatory risks

Secure Your Spot

Join South Africa’s top financial professionals, compliance leaders and regulators in a must-attend event that will shape the future of CRS and FATCA compliance.

For more information and registration details, click HERE.